Specialization and Human Capital in Search Equilibrium
构建了一个包含异质性工人的一般均衡搜索匹配模型，分析工人选择通用或专用人力资本投资时，失业救济金如何影响其投资类型选择。
This paper constructs a general equilibrium search-matching model with heterogeneous workers. Workers choose whether to invest in general human capital or specific human capital when they enter the labor market. We analyze how unemployment benefits affect the choice of the type of human capital investment.