Abstract
This paper constructs a general equilibrium search-matching model with heterogeneous workers. Workers choose whether to invest in general human capital or specific human capital when they enter the labor market. We analyze how unemployment benefits affect the choice of the type of human capital investment.
| Original language | English (US) |
|---|---|
| Pages (from-to) | 503-512 |
| Number of pages | 10 |
| Journal | Journal of the European Economic Association |
| Volume | 4 |
| Issue number | 2-3 |
| DOIs | |
| State | Published - 2006 |
| Externally published | Yes |
All Science Journal Classification (ASJC) codes
- General Economics, Econometrics and Finance
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