UNIVERSITY OF ROCHESTER Labor-Market Heterogeneity / Yongsung Chang Sun-Bin Kim Frank Schorfheide University of Rochester Yonsei University University of Pennsylvania Yonsei University CEPR / /
IndustryTerm
technology parameters / transition operator / log linear form law / technology parameter estimates / /
Organization
UNIVERSITY OF ROCHESTER Labor-Market Heterogeneity / Yonsei University / University of Rochester Yonsei University University / National Science Foundation / /
Person
Chang / Kim Frank / Jinwook Hur / Lucas Critique / /
Position
Rt / return Rt / representative / τK Rt / representative-agent model in Chang / representative economic agents / same return Rt / /
Product
Nokia E62 Smartphone / /
PublishedMedium
Parameters / /
Technology
constant-returns-to-scale Cobb-Douglas technology / production technologies / /
Labor-Market Heterogeneity, Aggregation, and the Lucas Critique Chang, Yongsung, Kim, Sun-Bin, and Schorfheide, Frank Working Paper No. 556 September[removed]UNIVERSITY OF