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Investigation of the development of a model on unemployment insurance (UI) and job search decisions. Information on job turnover; Details on the individual worker's preferences; Process of job search decision; Offsetting incentive effects of UI. (Abstract copyright EBSCO.)
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A plausible micro foundation for the matching function, postulated in models of equilibrium unemployment, is proposed. The flow of matches formed is an increasing and concave function of the number of jobs and workers to be matched holding the other constant, but exhibits increasing to scale....
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