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On the Rationality of Black Youth Unemployment

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NBER1984-08-01 更新2025-01-04 收录
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https://www.nber.org/papers/w1411
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In this paper I provide some evidence on the question of whether the behavior of unemployed young blacks, whose reservation wages are relatively high and whose jobless spells are very lengthy, reflect rational maximizing choices. To do this, I use a simple income-maximizing job search model to imply
提供机构:
美国国家经济研究局
创建时间:
1984-08-01
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