Igor Livshits

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Uncertainty and the Specificity of Human Capital

Staff Working Paper 2007-57 Martin Gervais, Igor Livshits, Césaire Meh
This paper studies the choice between general and specific human capital. A trade-off arises because general human capital, while less productive, can easily be reallocated across firms.
Content Type(s): Staff Research, Staff Working Papers Topic(s): Economic models JEL Code(s): D, D9, D92, J, J2, J24, J4, J41, J6, J62

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