Supplement to 'Job Search under Debt: Aggregate Implications of Student Loans'
65 Pages Posted: 3 Mar 2020 Last revised: 4 May 2020
Date Written: February 1, 2020
This is the supplemental material to the paper titled "Job Search under Debt: Aggregate Implications of Student Loans." It includes additional theoretical and quantitative results. It also includes illustration for the data summary and the numerical algorithm for our model solution.
Keywords: student loan debt, search friction, reservation wage, risk and liquidity, income-based repayment plan
JEL Classification: E2, E6, J3, J6
Suggested Citation: Suggested Citation