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Equilibrium search model with endogenous growth rate of human capital

Wansheng Tang, Chi Zhou, Chaoqun Xiao, Ruiqing Zhao (2016)

Kybernetika

This article studies an equilibrium search problem when jobs provided by firms can be either unskilled or skilled and when workers differing in their education level can be either low-educated or high-educated. The structure proportion of jobs affects the equilibrium which indicates a threshold that can distinguish whether the equilibrium is separating or cross-skill. In addition, the cross-skill equilibrium solution implies the high-educated workers are more likely to obtain higher pay rates than...

Erlang distributed activity times in stochastic activity networks

Yousry H. Abdelkader (2003)

Kybernetika

It is assumed that activity times in stochastic activity networks (SANs) are independent Erlang random variable (r.v.). A recurrence method of determining the k th moments of the completion time is presented. Applications are provided for illustration and are used to evaluate the applicability and appropriateness of the Erlang model to represent activity network.

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