Tjaden, Volker; Wellschmied, Felix - 2011
duration dependence in unemployment benefits in a random on the job search model featuring two-sided heterogeneity. The model … the job is the most important driver behind this result. Meanwhile, firm heterogeneity never accounts for more than 20% of … overall wage inequality within an age cohort. -- Frictional wage dispersion ; Search model ; Heterogeneity …