This paper analyses job seekers' perceptions and their relationship to unemployment outcomes to study heterogeneity and … finding rates, accounting for almost all of the observed decline in job finding rates over the spell of unemployment. Moreover … unemployment. The biases can explain more than 10 percent of the incidence of long-term unemployment …

either the official unemployment rate or alternative measures of labor market underutilization. Modest amounts of …

flow value of unemployment …

This paper provides evidence on the behavior of reservation wages over the spell of unemployment using high … to 24 weeks, we find that self-reported reservation wages decline at a modest rate over the spell of unemployment, with … point estimates ranging from 0.05 to 0.14 percent per week of unemployment. The decline in reservation wages is driven …

individuals who exhaust their Unemployment Insurance (UI) benefits use DI as a form of extended benefits. We exploit the haphazard …