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Заплатата (Не) Е Посочена. Анализ На Обяви За Работа От Русе
[When employers post their wage? Analysis of job adverts from Ruse, Bulgaria]

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  • Косулиев, Александър

Abstract

Prices are an important element of the market mechanism as they channel information and create incentives for market agents. Yet, often prices are not transparent on the labour market. An analysis of online job adverts from Ruse, Bulgaria show that only a quarter of the adverts feature posted wages. We suggest that the decision to not disclose the payment is rational under information asymmetry. Employers are more likely to gain from keeping wages secret with regards to high-skilled, multidimensional and high-paid jobs, while with low-skilled and low-paid jobs the payoff from doing so is smaller. The data tentatively supports the hypothesis, the relations being as expected, but not always having statistical significance.

Suggested Citation

  • Косулиев, Александър, 2019. "Заплатата (Не) Е Посочена. Анализ На Обяви За Работа От Русе [When employers post their wage? Analysis of job adverts from Ruse, Bulgaria]," MPRA Paper 104585, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:104585
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    References listed on IDEAS

    as
    1. Cullen, Zoë & Perez-Truglia, Ricardo, 2023. "The salary taboo privacy norms and the diffusion of information," Journal of Public Economics, Elsevier, vol. 222(C).
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    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    labour market; wages; wage setting; job search;
    All these keywords.

    JEL classification:

    • J23 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Demand
    • J29 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Other
    • J30 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - General
    • J39 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Other

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