Formal description of the model The distribution of match specific effects is defined by 分国分a:国,l1并N0, The initial condition characterises the actual offer and its distribution depends on education 的并NQ,当如d乎并N响, The term Lo represents non-wage benefits of the Job and enters utiliFormal Description of the model • The distribution of match specific effects is defined by • The initial condition characterises the actual offer and its distribution depends on education • The term 0 represents non-wage benefits of the job and enters utility t t1 ut , ut N0,u 2 0 N0,0 2 and N0, 2