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Stubborn Beliefs in Search Equilibrium

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NBER2022-04-01 更新2025-01-04 收录
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https://www.nber.org/papers/w29937
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资源简介:
I study a search equilibrium model of the labor market in which workers have stubborn beliefs about their labor market prospects, i.e. beliefs about their probability of finding a job and the wage they will earn that do not respond to aggregate fluctuations in fundamentals. I show that, when workers
创建时间:
2022-04-01
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