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来源类型Working Paper
规范类型报告
DOI10.3386/w29623
来源IDWorking Paper 29623
Worker Beliefs About Outside Options
Simon Jäger; Christopher Roth; Nina Roussille; Benjamin Schoefer
发表日期2022-01-03
出版年2022
语种英语
摘要Workers wrongly anchor their beliefs about outside options on their current wage. In particular, low-paid workers underestimate wages elsewhere. We document this anchoring bias by eliciting workers’ beliefs in a representative survey in Germany and comparing them to measures of actual outside options in linked administrative labor market data. In an equilibrium model, such anchoring can give rise to monopsony and labor market segmentation. In line with the model, misperceptions are particularly pronounced among workers in low-wage firms. If workers had correct beliefs, at least 10% of jobs, concentrated in low-wage firms, would not be viable at current wages.
主题Microeconomics ; Behavioral Economics ; Macroeconomics ; Consumption and Investment ; Labor Economics ; Labor Compensation ; Labor Market Structures ; Unemployment and Immigration
URLhttps://www.nber.org/papers/w29623
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/587296
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GB/T 7714
Simon Jäger,Christopher Roth,Nina Roussille,et al. Worker Beliefs About Outside Options. 2022.
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