Understanding Expectations in Job Search: Subjective Duration Dependence, Aggregate Labor Market Shocks and Overreaction (New Version!)
We document subjective duration dependence and overreactions to aggregate labor market shocks in job search.
Belief
Information Friction and Self-Selection into Government Employment in China
We find that misconceptions regarding financial rewards and career advancement prospects are widespread among college students in China. These misperceptions vary among students with different characteristics, such as ability and pro-social preferences, significantly influencing their career decisions.