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Author: | Mukoyama, T. Sahin, A. |
Title: | Specialization and human capital in search equilibrium |
Journal: | Journal of the European Economic Association
2006 : MAY, VOL. 4:2-3, p. 503-512 |
Index terms: | human capital labour unemployment |
Language: | eng |
Abstract: | This paper dicusses a generel equilibrium search-match model using heterogenous workers. The individuals choose whether to invest in general human capital or specific human capital when they enter the labor market. The authors study how unemployment benefits affect the choise of the type of human capital investment. |
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