Alstadsæter, Annette (contributor); … - 2005
.1 Workers and firms
Unemployed workers search for jobs in sector c or sector e depending on
which type of education they acquire … is the proportional income tax. rU
c
is the average expected
return to an unemployed type c worker’s human capital during … job search.
The unemployed worker receives the lump-sum transfer and the consump-
tion value of education. However, the …