• Competitive on-the-job search 

      Garibaldi, Pietro; Moen, Espen R.; Sommervoll, Dag Einar (Journal article; Peer reviewed, 2016)
      The paper proposes a model of on-the-job search and industry dynamics in which search is directed. Firms permanently di er in productivity levels, their production function features constant returns to scale, and search ...
    • Regional reallocation and housing markets in a model of frictional migration 

      Nenov, Plamen T. (Journal article; Peer reviewed, 2015)
      Migration frictions are important for understanding key features of gross migra- tion and housing markets. This paper studies a multi-region equilibrium model with frictional migration. Idiosyncratic preference shocks, ...
    • The role of allocative efficiency in a decade of recovery 

      Chen, Kaiji; Irarrazabal, Alfonso (Journal article; Peer reviewed, 2015)
      The Chilean economy experienced a decade of sustained growth in aggregate output and productivity after the 1982 nancial crisis. This paper analyzes the role of allocative e¢ ciency on total factor productivity (TFP) ...