This paper quantifies the impact of Medicaid and Rent Assistance on the interstate mobility of their beneficiaries using a structural model with heterogeneous workers and locations. Simulations from the model show that beneficiaries' mobility …
We develop a general equilibrium model where wage dispersion between managers and production workers stems from heterogeneous wage markdowns and firm organizational decisions. Quantifying the model to administrative data covering the universe of …
When mobility between locations is frictional, a person's economic well-being is partially determined by her place of birth. Using a life cycle model of mobility, we find that search frictions are the main impairment to the mobility of young people …
This paper studies the role of short-time work arrangements (ERTEs) when aggregate risk has a sector-specific component. That has been the case of Spain, where both the Great Recession and the pandemic crisis (aka the Great Contagion) can be …