| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP16887 |
| DP16887 Worker Beliefs About Outside Options | |
| Simon Jäger; Christopher Roth; Benjamin Schoefer | |
| 发表日期 | 2022-01-11 |
| 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 | Labour Economics ; Macroeconomics and Growth ; Organizational Economics ; Public Economics |
| URL | https://cepr.org/publications/dp16887 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/545814 |
| 推荐引用方式 GB/T 7714 | Simon Jäger,Christopher Roth,Benjamin Schoefer. DP16887 Worker Beliefs About Outside Options. 2022. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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