Fleischhauer, Kai-Joseph (contributor) - 2007
to a certain investment, and
undesirable basis for the evaluation of policy actions with respect to social welfare.
6 … from keeping their contractual partner
(Becker (1962)). In a search model with economic growth and endogenous
14 CHAPTER1 …
conditions (particularly unemployment and real growth) exert less influence
on the wage.
Investment in Specific Human Capital …