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In: Economics

Discuss the search and matching models. a) Shortly discuss the phenomenon of search frictions and the...

Discuss the search and matching models.

a) Shortly discuss the phenomenon of search frictions and the implications they may have for the labour market outcomes.

b) What does the Beveridge curve measure?

This question is about human capital accumulation in terms of on-the-job training.

C) Define general and firm specific human capital.

D) Discuss who pays for investments in human capital that leads to general human capital and to firm specific human capital.

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