Marginal Jobs, Heterogeneous Firms, and Unemployment Flows
在搜索匹配模型中引入企业规模，分析劳动力市场的截面特征和总体动态，解释了企业规模分布、就业增长、失业与职位空缺的周期波动等关键现象。
This paper introduces a notion of firm size into a search and matching model with endogenous job destruction. The outcome is a rich, yet analytically tractable framework that can be used to analyze a broad set of features of both the cross-section and aggregate dynamics of the labor market. The model provides a coherent account of the distributions of employer size and employment growth across establishments, the amplitude and propagation of cyclical fluctuations in worker flows, the negative comovement of unemployment and vacancies, and the dynamics of the distribution of employer size over the business cycle.