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Updating great expectations: The effect of peer salary information on own-earnings forecasts

Sam Jones and Ricardo Santos

No wp-2020-138, WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER)

Abstract: How jobseekers set their earnings expectations is central to job search models. To study this process, we track the evolution of own-earnings forecasts over 18 months for a representative panel of university-leavers in Mozambique and estimate the impact of a wage information intervention. We sent participants differentiated messages about the average earnings of their peers, obtained from prior survey rounds.

Keywords: Wage expectation; Information; Heuristics; Mozambique (search for similar items in EconPapers)
Date: 2020
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