Crossley, Thomas F. (contributor); Low, Hamish (contributor) - 2004 - [Elektronische Ressource]
creating
a “thicker” market). Similarly, we do not capture the negative externality of search on the probability of other … investment in a number of alternative ways: first, investment may be search by
the unemployed with longer search leading to a … unemployment benefits can induce a
more efficient level of search.
2.3 Government Budget Constraints
Unemployment benefitisfinanced …