Browsing Statistics Norway's Open Research Repository (SNORRe) by Subject "Aggregate rational expectations"

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    • Search behavior, aggregate rationality and the discouraged worker effect 

      Dagsvik, John K.; Kornstad, Tom; Skjerpen, Terje (Discussion papers;906, Working paper, 2019-04)
      Discouraged workers are those who have given up search due to (perceived) low chances of obtaining work. In this paper we first develop a model for the probability of being in the labor force as a function of the probability ...