Specialization and Human Capital in Search Equilibrium

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. (JEL: E24, J41, J64, J65) (c) 2006 by the European Economic Association.

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Year of publication:	2006
Authors:	Mukoyama, Toshihiko ; Ay ; scedil ; egül ; Scedil ; ahin
Published in:	Journal of the European Economic Association. - MIT Press. - Vol. 4.2006, 2-3, p. 503-512
Publisher:	MIT Press

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Extent:	text/html
Type of publication:	Article
Source:	RePEc - Research Papers in Economics

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