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expectations and wages, and a significantly positive relationship between optimistic bias in job finding expectations and … search and matching model of the labor market. Removing the biases could substantially increase wages and expected lifetime … income in East Germany. The difference in biases in labor market expectations explains part of the East-West German wage gap. …
Persistent link: https://www.econbiz.de/10014466945
expectations and wages, and a significantly positive relationship between optimistic bias in job finding expectations and … search and matching model of the labor market. Removing the biases could substantially increase wages and expected lifetime … income in East Germany. The bias difference in labor market expectations explains part of the East-West German wage gap. …
Persistent link: https://www.econbiz.de/10014247564
Persistent link: https://www.econbiz.de/10009242603
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Survey measures of the reservation wage reflect both the consumption-leisure trade-off and job search concerns (the arrival rate of job offers and the wage distribution). We examine what a survey measure of the reservation wage reveals about labor supply when search concerns are absent. To this...
Persistent link: https://www.econbiz.de/10012831654
We test what survey measures of the reservation wage reveal about individual labor supply, i.e., an individual's willingness to substitute leisure by consumption. To this end, we combine the reservation wage measure from a large labor market survey with the reservation wage for a one-hour job...
Persistent link: https://www.econbiz.de/10012896545
of large flows between employment, unemployment and inactivity. Secondly, it shows that unemployment and aggregate wages …
Persistent link: https://www.econbiz.de/10013320711
It is often stated that certain occupations in Germany, because of "Demographic Change ", are dwindling, implying a …
Persistent link: https://www.econbiz.de/10013556616
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