Notes on behavioral economics and labor market policy

Artikel

Labor market policies succeed or fail at least in part depending on how well they reflect or account for behavioral responses. Insights from behavioral economics, which allow for realistic deviations from standard economic assumptions about behavior, have consequences for the design and functioning of labor market policies. We review key implications of behavioral economics related to procrastination, difficulties in dealing with complexity, and potentially biased labor market expectations for the design of selected labor market policies including unemployment compensation, employment services and job search assistance, and job training.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Journal: IZA Journal of Labor Policy ; ISSN: 2193-9004 ; Volume: 1 ; Year: 2012 ; Pages: 1-14 ; Heidelberg: Springer

Classification and Topics

• Classification: Wirtschaft ; Microeconomic Policy: Formulation, Implementation, and Evaluation ; Labor Economics Policies ; Human Capital; Skills; Occupational Choice; Labor Productivity ; Unemployment: Models, Duration, Incidence, and Job Search ; Unemployment Insurance; Severance Pay; Plant Closings
• Subject: behavioral economics ; unemployment insurance ; job training ; job search ; Arbeitslosenversicherung ; Arbeitsvermittlung ; Weiterbildung ; Wirkungsanalyse ; Verhaltensökonomik

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Babcock, Linda ; Congdon, William J. ; Katz, Lawrence F. ; Mullainathan, Sendhil
• Event: Veröffentlichung
• (who): Springer
• (where): Heidelberg
• (when): 2012

Further information

• DOI: doi:10.1186/2193-9004-1-2
• Handle: http://hdl.handle.net/10419/92365
• Last update: 10.03.2025, 11:42 AM CET