UNEMPLOYED BUT OPTIMISTIC: OPTIMAL INSURANCE DESIGN WITH BIASED BELIEFS

By Johannes Spinnewijn. 2015

220 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/bc990c2e101f7fbd7020588109c2e4d82652887a

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In Economics and Econometrics

Citations in the corpus

Unobservable, but unimportant? The relevance of usually unobserved variables for the evaluation of labor market policies☆ (2017, background): “Another strand of the literature points out the importance of expectations in general (e.g. Spinnewijn, 2015), but also specifically about ALMP participation (e.g. Black et al., 2003; van den Berg et al., 2009), for the search behavior of unemployed job seekers.”
Unrealistic Expectations and Misguided Learning (2018, unknown): “In addition, there is empirical evidence that consumers are overoptimistic regarding future self-control (Shui and Ausubel, 2004, DellaVigna and Malmendier, 2006, for instance), that truck drivers persistently overestimate future productivity (Hoffman and Burks, 2013), that genetically predisposed i”
Behavioral Economics and Public Policy: A Pragmatic Perspective (2015, unknown): “33 beliefs (Spinnewijn 2015).”
Active Labor Market Policies (2016, background): “These results lead Spinnewijn (2015) to conclude that job seekers probably do not dispose of all the information that would allow them to make the right choices when looking for work and when considering enrollment in assistance programs.”
Learning about job search: A field experiment with job seekers in Germany (2015, methodology): “…suggests a tight theoretical and empirical link between a number of behavioral biases—specifically present bias, biases in probability judgments, and overconfidence—and longer unemployment duration (e.g., DellaVigna and Paserman 2005, Paserman 2008, Dohmen et al. 2009, and Spinnewijn 2015).”
Consumer Spending during Unemployment: Positive and Normative Implications (2019, unknown): “First, we calibrate our model to match the over-optimism in surveys documented in Spinnewijn (2015), as shown in Panel F.(38) Relative to the baseline model, persistent over-optimism means that agents cut spending by too little early on during unemployment and then, having run down their assets, mak”
Knowledge of Future Job Loss and Implications for Unemployment Insurance (2017, unknown): “This is at odds with literature suggesting that individuals may have biased beliefs about their unemployment and job prospects (e.g., Stephens 2004; Spinnewijn 2015).”
The Good, the Bad, and the Ugly: A Unified Approach to Behavioral Welfare Economics1 (2016, background): “But in fact, the authors 43 Other recent examples include Fahri and Gabaix (2015), Handel, Kolstad and Spinnewijn (2015), Alcott and Kessler (2015), and Taubinsky and Rees-Jones (2015).”
Perfect Competition in Markets with Adverse Selection (2017, background): “9See Spinnewijn (2015) on overconfidence, Handel (2013) and Polyakova (2016) on inertia, and Kunreuther and Pauly (2006) and Baicker, Mullainathan, and Schwartzstein (2012) for discussions of behavioral biases in insurance markets. buyers flock in.”