Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/168131 
Year of Publication: 
2017
Series/Report no.: 
Beiträge zur Jahrestagung des Vereins für Socialpolitik 2017: Alternative Geld- und Finanzarchitekturen - Session: Unemployment I No. B05-V1
Publisher: 
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften, Leibniz-Informationszentrum Wirtschaft, Kiel, Hamburg
Abstract: 
Using the PASS survey, I analyze the relationship between employment and self-efficacy. Estimating a dynamic model which takes into account reverse causality and selection on unobservables, I show that employment positively affects self-efficacy and vice versa. Hence, changes in the personal trait self-efficacy may be a source of state dependence in labor market dynamics. Hence, reverse causality should be taken into account when estimating the effect of self-efficacy on labor market outcomes.
JEL: 
J60
Document Type: 
Conference Paper

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