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Biased expectations and labor market outcomes : evidence from German survey data and implications for the East-West wage gap

Balleer, Almut; Duernecker, Georg; Forstner, Susanne; … - 2023

We measure individual bias in labor market expectations in German survey data and find that workers on average … pessimistic than West Germans. We find a significantly negative relationship between the pessimistic bias in job separation … expectations and wages, and a significantly positive relationship between optimistic bias in job finding expectations and …

Persistent link: https://www.econbiz.de/10014247564

Biased expectations and labor market outcomes : evidence from German survey data and implications for the East-West wage gap

Balleer, Almut; Duernecker, Georg; Forstner, Susanne; … - 2024

Persistent link: https://www.econbiz.de/10014466945

An Intra-Firm Perspective on Wage Profiles and Employmentof Older Workers with Special Reference to Human Capitaland Deferred Compensation

Pfeifer, Christian - Universität <Hannover> / Wirtschaftswissenschaftliche … - 2009

Human capital and deferred compensation might explain why firms employ but do nothire older workers. Adjustments of wage-tenure profiles for older new entrants areexplored in the context of deferred compensation. From an equity theory perspective,such adjustments might lead to adverse incentive...

Persistent link: https://www.econbiz.de/10005867317

Overconfidence and gender equality in the labor market

Bastani, Spencer; Giebe, Thomas; Gürtler, Oliver - 2023

Using a promotion signaling model in which wages are realistically shaped by market forces, we analyze how male overconfidence combined with competitive workplace incentives affects gender equality in the labor market. Our main result is that overconfident workers exert more effort to be...

Persistent link: https://www.econbiz.de/10014233644

Overconfidence and gender equality in the labor market

Bastani, Spencer; Giebe, Thomas; Gürtler, Oliver - 2023

Gender differences in overconfidence have been extensively documented in the empirical literature, but the implications for labor market outcomes are not well understood. In this paper, we analyze how men's relatively higher overconfidence, combined with competitive job incentives, affects...

Persistent link: https://www.econbiz.de/10014249676

Overconfidence and Gender Equality in the Labor Market

Bastani, Spencer; Giebe, Thomas; Gürtler, Oliver - 2023

Gender differences in overconfidence have been extensively documented in the empirical literature, but the implications for labor market outcomes are not well understood. In this paper, we analyze how men’s relatively higher overconfidence, combined with competitive job incentives, affects...

Persistent link: https://www.econbiz.de/10014358407

Product Market Regulation, Firm Size, Unemploymentand Informality in Developing Economies

Charlot, Olivier; Malherbet, Franck; Terra, Cristina - Institut zur Zukunft der Arbeit <Bonn> - 2011

This paper studies the impact of product and labor market regulations on informality andunemployment in a general framework where formal and informal firms are subject to thesame externalities, differing only with respect to some parameter values. Both formal andinformal firms have monopoly...

Persistent link: https://www.econbiz.de/10009360540

Unemployment protection for informal workers in Latin America and the Caribbean

Finkelstein Shapiro, Alan; Sarzosa, Miguel - 2013

We use a dynamic stochastic general equilibrium search and matching model with salaried employment and informal self-employment to analyze the implications of introducing universal unemployment protection for informal workers through transfers, which are conditional on participation in training...

Persistent link: https://www.econbiz.de/10011303256

Unemployment compensation and the allocation of labor in developing countries

Charlot, Olivier; Malherbet, Franck; Ulus, Mustafa - 2013

This paper studies the effects of the introduction of unemployment compensation (UC) in countries characterized by pervasive informality. We provide a simple framework to analyze the impact of UC on the allocation of workers between formal and informal activities, as well as the allocation of...

Persistent link: https://www.econbiz.de/10009717080

Efficiency in a Search and Matching Economy with a Competitive Informal Sector

Charlot, Olivier - 2012

We consider a dual labor market with a frictional formal sector and a competitive informal sector. We show that the size of the informal sector is generally too large compared to the optimal allocation of the workers. It follows that our results give a rationale to informality-reducing policies

Persistent link: https://www.econbiz.de/10013099083

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