Berkhout, P.

search graduation individual student job search effort job search effort model work experience moment offer period business graduate reservation wage labor worker psychology wage offer distribution percent market economic reservation dutch psychology graduates job applications result number experience return university increase dutch law unemployment rate education function parameter business administration group unemployment job offer distribution value business cycle equation application month cycle administration condition probability observation period amount search effort employment rates business administration graduates employment labor market conditions labor market earning interview netherland estimation arrival figure reservation wage path -005 grade study table level behavior reservation wages estimate growth transition section survey percentage labor market outcomes