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Job Search and Impatience

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NBER2004-10-01 更新2025-01-04 收录
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How does impatience affect job search? More impatient workers search less intensively and set a lower reservation wage. The effect on the exit rate from unemployment is unclear. In this paper we show that, if agents have exponential time preferences, the reservation wage effect dominates for

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2004-10-01
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