Browsing Scientific articles by Journals "Review of Economic Dynamics"
Now showing items 1-3 of 3
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Competitive on-the-job search
(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
(Journal article; Peer reviewed, 2015)Migration frictions are important for understanding key features of gross migration and housing markets. This paper studies a multi-region equilibrium model with frictional migration. Idiosyncratic preference shocks, a ... -
The role of allocative efficiency in a decade of recovery
(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) ...