Directed Search over the Life Cycle

Guido Menzio, Irina A. Telyukova, Ludo Visschers

NBER Working Paper No. 17746
Issued in January 2012

---- Acknowledgements -----

We have benefited from the insights of Pierre Cahuc, Jean-Olivier Hairault, Greg Kaplan, John Kennan, Richard Rogerson and Henry Siu. We have also received useful comments from participants at the macro seminar at UC Santa Cruz, Mainz, Freiburg, Konstanz, Bogazici, METU, Carlos III, the Essex conference in honor of Ken Burdett (Essex 2010), the NBER Summer Institute (Cambridge 2010), the Canadian Macro Study Group (London 2010), the Society for Economic Dynamics Meeting (Montreal 2010), the Royal Economic Society Meeting (London 2010), the workshop on Labor Market Transitions over the Lifecycle (Paris 2011). Visschers acknowledges financial support from the Simon Fraser University's President's Research Grant, the Spanish Ministry of Science and Innovation grant ECO2010/20614, the Bank of Spain's Programa de Excelencia Grant, and the Juan de la Cierva Grant. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.

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