workers being more choosy. The resulting equilibrium is not efficient. Unemployment benefits can reduce the loss by serving as … decreasing in the substitutability of worker types. This cost of search is then decomposed into three components: unemployment …

Self-employed workers can be own-account workers who control their own work or employers who not only are their own … boss but also direct others (their employees). We expect both types of self-employed, i.e., own-account workers and … higher levels of work satisfaction compared to both own-account workers (who are their own boss but do not give direction to …