Productivity Investment and Labor Force Participation in Search Equilibrium
Homa Esfahanian
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Homa Esfahanian: University of Tehran
Journal of Money and Economy, 2015, vol. 10, issue 1, 23-62
Abstract:
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
Keywords: Education‎; ‎Participation‎; ‎Efficiency‎; ‎Hold-up problem (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:mbr:jmonec:v:10:y:2015:i:1:p:23-62
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