Strulik, Holger; Tyran, Jean-Robert; Vanini, Paolo - Wirtschaftswissenschaftliche Fakultät, Leibniz … - 2007
We develop a simple model of labor market participation, human capital degradation, and re-training. We focus on how … non-participation, as a distinct state from unemployment and employment, is determined by the welfare system in … decisions to exit the labor force and to mitigate human capital degradation by re-training depend on a broad range of factors …