Gross Worker Flows over the Life Cycle
通过构建定量一般均衡模型，利用美国数据分析了不同劳动力市场状态（就业、失业、非劳动力）及工作转换的生命周期模式，并评估了税收转移和失业保险政策对总体劳动力市场的影响。
Abstract We analyze the gross worker flows over the life cycle by constructing a quantitative general equilibrium model. Using U.S. data, we first document the life‐cycle patterns of flows across different labor market states (employment, unemployment, and not in the labor force), as well as job‐to‐job transitions. We then build a model of the aggregate labor market that incorporates the life cycle of workers, consumption‐saving decisions, and labor market frictions. We estimate the model and use it to examine the effects of policies on aggregate labor market outcomes. In particular, we analyze a taxes‐and‐transfers policy and an unemployment insurance policy.