Drahs, Sascha; Haywood, Luke; Schiprowski, Amelie - 2018
discouraged and thus increases search. On average, optimism increases the duration of unemployment by about 6.5%. … unemployment entry, optimism decreases job finding by about 8%. This effect weakens over the unemployment spell and eventually … switches sign after about 8 months of unemployment. From then onward, optimism prevents un- employed individuals from becoming …