Labor market search effort with reference-dependent preferences

被引：1
|
作者：
Damgaard, Mette Trier [1 ]
机构：
[1] Aarhus Univ, Fuglesangs Alle 4, DK-8210 Aarhus V, Denmark
来源：
ECONOMICS LETTERS | 2017年 / 156卷
关键词：
Job search; Loss aversion; Search effort; Stochastic reference point; JOB SEARCH; UNEMPLOYMENT-INSURANCE; RISK; DISAPPOINTMENT; UNCERTAINTY; ECONOMICS; DECISION;
D O I：
10.1016/j.econlet.2017.04.016
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
We incorporate forward-looking reference-dependent preferences into a simple job search framework and show that people with strong aversion to losses may choose not to search for a job despite economic incentives to do so. We also discuss the policy implications. (C) 2017 Elsevier B.V. All rights reserved.
引用
收藏
页码：99 / 101
页数：3
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