We test the hypothesis that locus of control - one’s perception of control over events in life - influences search by affecting beliefs about the efficacy of search effort in a laboratory experiment. We find that reservation offers and effort are increasing in the belief that one’s efforts influence outcomes when subjects exert effort without knowing how effort influences the generation of offers but ...
How do different welfare states respond to the challenge of unemployment? Comparing Britain and Germany in the 1990s, the main focus of this thesis is on how welfare policies affect outcomes for individuals unemployed persons. The interaction of the state, labour markets and household structures is considered crucial in understanding these outcomes. The selection of countries – Britain and Germany ...
In discrete choice labor supply analysis, it is often reasonably expected that utility will increase with income. Yet, analyses based on discrete choice models sometimes mention that, when no restriction is imposed a priori in the optimization program, the monotonicity condition is not fully satisfied ex post. In order to overcome this limitation, some authors impose restrictions that may appear to ...