Cardoso, Ana Rute; Loviglio, Annalisa; Piemontese, Lavinia - 2015
We analyze the impact of information frictions on workers' wages, contributing to the literature that tested search … market tightness. To handle the interval nature of our outcome of interest, the earnings variable, we estimate interval … rate and which is known to influence regional wages. Results show that when subjective perceptions overstate the …