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expectations about wages are similar to historical values, the long-run expectations about the developments of the stock market …
Persistent link: https://www.econbiz.de/10012139064
We repeatedly elicit beliefs about the returns to study effort in a panel survey of students of a large university …
Persistent link: https://www.econbiz.de/10011930658
. Ignoring these selection effects can lead to biased expectations about the consequences of working part-time on wages … differences between full-time and part-time workers also predict large changes in hourly wages when a given worker switches …
Persistent link: https://www.econbiz.de/10014477358
Wage growth occurs almost exclusively in full-time work, whereas it is close to zero in part-time work. German women, when asked to predict their own potential wage outcomes, show severely biased expectations with strong over-optimism about the returns to part-time experience. We estimate a...
Persistent link: https://www.econbiz.de/10014495723
. Ignoring these selection effects can lead to biased expectations about the consequences of working part-time on wages … differences between full-time and part-time workers also predict large changes in hourly wages when a given worker switches …
Persistent link: https://www.econbiz.de/10014088380
Persistent link: https://www.econbiz.de/10002396365
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We analyze a two-period modell where risk-averse students divide their time between risky education, leisure, and work …. The educated can migrate. Wagetax financed transfer to students acts as an insurance, and increases both investment in …
Persistent link: https://www.econbiz.de/10013428263
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