The question is attached.

The value for unemployed workers is R =b+ BloEV (w) + (1 -Q) R] . The value for employed workers with a wage w is A (w) = w+B[(1 - A) A (w) + AR] . The value for workers with a wage offer w is V (w) = max {A (w) , R} . The reservation wage w* is defined by A(w*) = R. It is characterize by Ba w* - b = 1 _ B ( 1 - X ). J. ( w - w ) dF ( w ) . (1) See the note on job search for its derivation. Assume that F is the uniform distribution between 0 and 1, that is, F (w) = w if 0 5 w =1, 1 if w 2 1. When you solve the questions below, you can assume that w*