Kassenboehmer, Sonja C.; Schatz, Sonja G. - 2014
misconceptions of the currently unemployed concerning their statistical re-employment probability, affecting their labor market … behavior in a sub-optimal way. Specifically, people with unemployment experience of 3 to 5 years significantly underestimate … their objective re-employment probabilities as determined by the econometrician's all-seeing "Eye of Providence". Simply …