Overcoming Behavioral Biases in Job Search : The Value of Action Planning
Job search is a largely self-regulated process, subject to behavioralbiases that lead to sub-optimal search and employment outcomes.Within this context, we designed, implemented and tested anaction-planning tool to promote greater job search...
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| Format: | Brief |
| Language: | English |
| Published: |
World Bank, Washington, DC
2018
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| Online Access: | http://documents.worldbank.org/curated/en/962921524744328560/Overcoming-behavioral-biases-in-job-search-the-value-of-action-planning http://hdl.handle.net/10986/29745 |
| Summary: | Job search is a largely self-regulated
process, subject to behavioralbiases that lead to
sub-optimal search and employment outcomes.Within this
context, we designed, implemented and tested
anaction-planning tool to promote greater job search
intensity.We find that action planning helps unemployed
youths to follow through on their job search intentions, and
adopt a more efficient and effective search strategy.
Greater search efficiency and effectiveness translates to
sizeable improvements in employment outcomes. Given that a
rising number of young people globally are not enrolled in
education, employed, or searching for work it is
particularly important to understand how to optimize the job
search process. There is suggestive evidence that in the
presence of high and persistent unemployment, South African
youth are becoming increasingly discouraged in their job search. |
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