Productivity Investment and Labor Force Participation in Search Equilibrium

نویسنده

چکیده مقاله:

The present paper contributes to the theoretical analysis of the human capital investment and participation decision of heterogeneous workers in the search and matching framework‎. ‎Its aim is to characterize the equilibrium and to identify the efficiency‎. ‎Here‎, the paper studies search equilibrium and matching to consider the participation decision of heterogeneous workers who have different inherent ability levels‎. ‎The productivity investment decision is endogenous and wages are determined by the Nash bargain among participants. JEL Classifications: J23, J24

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عنوان ژورنال

دوره 10  شماره 1

صفحات  23- 62

تاریخ انتشار 2015-01

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