Accueil
| Titre : | Re-employment expectations and realisations: Prediction errors and behavioural responses (2017) |
| Auteurs : | Sonja C. Kassenboehmer ; Sonja G. Schatz |
| Type de document : | Article : texte imprimé |
| Dans : | Labour economics (vol. 44, January 2017) |
| Article en page(s) : | pp. 161-176 |
| Langues: | Anglais |
| Catégories : |
Thésaurus CEREQ REINSERTION PROFESSIONNELLE ; CHOMEUR ; RECHERCHE D'EMPLOI ; COMPORTEMENT ; SECURITE D'EMPLOI ; CHOMAGE ; MESURE POUR L'EMPLOI ; SORTIE DU CHOMAGE ; ALLEMAGNE |
| Résumé : | Using a nationally representative panel dataset, this study investigates the extent and impact of systematic misconceptions that the currently unemployed have about their prospect of re-employment. Such biased expectations are of interest because of their capacity to drive sub-optimal labour market behaviour. Specifically, people with unemployment experience of three to five years significantly underestimate their probability of re-employment. Simply having information about the individuals' previous unemployment experience is sufficient to produce more accurate predictions than those of the individuals themselves. People who underestimate their re-employment probability are less likely to search actively for a job and more likely to exit the labour force. If re-employed, they are more likely to accept lower wages, work fewer hours, work part-time and experience lower levels of life satisfaction. By improving the accuracy of re-employment expectations, employment agency caseworkers may use this information to enhance their clients' labour market decision-making and prevent adverse job-seeking behaviours. (Source : revue) |
| Document Céreq : | Non |
| En ligne : | https://www.sciencedirect.com/science/article/pii/S0927537116304122 |
