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 …

, and depends on three factors: longevity genes, health investment and farsightedness. Provided earnings, farsightedness and …

We present a generalized solution to Grossman's model of health capital (1972), relaxing the widely used assumption … that individuals can adjust their health stock instantaneously to an "optimalʺ level without adjustment costs. The Grossman … model then predicts the existence of a health threshold above which individuals do not demand medical care. Our generalized …