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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w29623 |
来源ID | Working 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 |
URL | https://www.nber.org/papers/w29623 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/587296 |
推荐引用方式 GB/T 7714 | Simon Jäger,Christopher Roth,Nina Roussille,et al. Worker Beliefs About Outside Options. 2022. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w29623.pdf(1521KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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