A job ladder model with stochastic employment opportunities
(2021)
Journal Article
Bradley, J., & Gottfries, A. (2021). A job ladder model with stochastic employment opportunities. Quantitative Economics, 12(4), 1399-1430. https://doi.org/10.3982/QE1394
We set up a model with on-the-job search in which firms infrequently post vacancies for which workers occasionally apply. The model nests the standard job ladder and stock-flow models as special cases, while remaining analytically tractable and easy... Read More about A job ladder model with stochastic employment opportunities.