“Golden Ages”: A Tale of the Labor Markets in China and the United States
China experienced a considerably larger intercohort human capital growth and increase in human capital rental price, but lower life-cycle human capital accumulation, compared to the United States.
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