Score contribution per author:
α: calibrated so average coauthorship-adjusted count equals average raw count
This paper constructs a two-period, two-sector model in which there are permanent sectoral shocks. It analyzes the equilibrium path of individual labor supply, sectoral em ployment, and duration of unemployment in response to these shocks. E quilibrium allocations are shown to be easy to characterize and compa rative statistics results are provided. Copyright 1987 by University of Chicago Press.