Job Recalls and Worker Flows over the Life Cycle
The introduction of recall options provides a novel mechanism that reconciles the puzzle of a positive comovement between separation and job finding rate over the life cycle.
Justin Franco Lam
“Golden Ages”: A Tale of the Labor Markets in China and the United States
We study the labor markets in China and the United States, the two largest economies in the world, by examining the evolution of their cross-sectional age-earnings profiles during the past thirty years.