Competitive intensity is a level of competition intensification in a market or an industry. This is expressed in various forms and some paper measured the competitive intensity as the number of products that newly released each year in an industry (Putsis & Bayus, 2001). In other paper, they...

The incentives to search for employment vary systematically over the life cycle and with idiosyncratic productivity. These variations should be accounted for when designing UI policy. Using a life cycle model with endogenous human capital accumulation and permanent differences in worker...