NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH
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Job-Finding and Job-Losing: A Comprehensive Model of Heterogeneous Individual Labor-Market Dynamics

Robert E. Hall, Marianna Kudlyak

NBER Working Paper No. 25625
Issued in February 2019, Revised in January 2020

---- Acknowledgments ----

Hall's research was supported by the Hoover Institution. Any opinions expressed are those of the authors and do not reflect those of the Federal Reserve Bank of San Francisco, the Federal Reserve System, or the National Bureau of Economic Research. We thank Roc Armenter, Mark Bils, John Cochrane, Steve Davis, Hank Farber, Sebastian Graves, Fatih Guvenen, Jim Hamilton, Ken Judd, Ioannis Kospentaris, Pablo Kurlat, Jeremy Lise, Davide Melcangi, Guido Menzio, Giuseppe Moscarini, Toshihiko Mukoyama, Andriy Norets, Elena Pastorino, Richard Rogerson, Robert Shimer, and Wilbert van den Klauuw, and participants in conferences and seminars, for helpful comments.

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