insurance against unemployment caused by labor market frictions and hence increases the incentives for education. We show within … a matching model that reducing the start-up costs for new firms results in higher take-up rates of education. It also …

also provides a novel microfoundation for peer effects, with empirical implications for welfare and different education …

allocate optimally their total lifetime between education, working and retirement. They also decide at each moment how much to …. The model incorporates experience-earnings profiles and return to education function that follows evidence from the labor … literature. In this setup increases in longevity raises the investment in education - time in school - and retirement. The model …

We develop a simple search equilibrium model of workplace training and education based on two features. First …, investment in education improves job-related learning skills and reduces training costs burdened by firms. Second, firms with …

We develop a simple search equilibrium model of workplace training and education based on two features. First …, investment in education improves job-related learning skills and reduces training costs burdened by firms. Second, firms with …