An Equilibrium Model of Sectoral Reallocation
构建了一个两期两部门模型，分析永久性部门冲击下个人劳动供给、部门就业和失业持续时间的均衡路径，并给出比较静态结果。
This paper constructs a two-period, two-sector model in which there are permanent sectoral shocks. It analyzes the equilibrium path of individual labor supply, sectoral em ployment, and duration of unemployment in response to these shocks. E quilibrium allocations are shown to be easy to characterize and compa rative statistics results are provided. Copyright 1987 by University of Chicago Press.