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This study develops models in which workers form expectations of average wages in choosing levels of effort and on-the-job search. It is assumed that information on lagged average wages is available at a low fixed cost, whilst acquiring other information requires an additional variable cost....
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Investigates the effects on quits of the current level of wages and the change in wages in order to test the proposition that the change in wages has a negative impact on quits, even controlling for the current level of wages. Finds that the percentage deviation in a worker′s wage change from...
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For a neural network with sign-constrained weights weights three types of attractor can affect the dynamics: retrieval, spurious and uniform attractors. The uniform attractors can dominate the dynamics if there is a substancial weight-sign bias. We will show that it is possible to define...
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Beliefs regarding the cause of low back pain differ between individual sufferers and health care professionals. One consequence of this is the potential acquisition of maladaptive attitudes and behaviour in relation to pain, and increases in the utilisation of primary care services (Health...
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