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I study when a firm prefers to be transparent about pay using a simple multidimensional signaling model. Pay transparency within the firm means that a worker can learn about his own worker-firm match from another worker's pay. This can either encourage or discourage workers-which affects...
Persistent link: https://www.econbiz.de/10014479181
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
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. 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
-skilled workers with wages just above the minimum wage, but negative effects for high-skilled top earners in East Germany, where the …
Persistent link: https://www.econbiz.de/10012285605
Discontinuities in the employment profile are supposed to cause wage cuts since they imply an interruption in the accumulation of human capital as well as a depreciation of the human capital stock built up in the past. In this paper, we estimate the return to effective experience, taking into...
Persistent link: https://www.econbiz.de/10013428383