IDEAS home Printed from https://ideas.repec.org/a/bla/rdevec/v12y2008i2p339-353.html
   My bibliography  Save this article

Employer and Employee Ignorance in Developing Countries: The Case of Trinidad and Tobago

Author

Listed:
  • Anthony Murphy
  • Eric Strobl

Abstract

The authors examine the degree of employer and employee ignorance about reservation and offer wages in Trinidad and Tobago and find this to be considerable. On average employers pay more than 26% above workers’ reservation wages, while employees earn 22% less than the maximum wage on offer, ceteris paribus. However, there are some differences across sub‐groups of jobs, particularly with regard to individuals’ lack of information about the best wage offers. Some differences are also found compared to previous results for developed nations, although the level of ignorance does not appear to be higher in Trinidad and Tobago.

Suggested Citation

  • Anthony Murphy & Eric Strobl, 2008. "Employer and Employee Ignorance in Developing Countries: The Case of Trinidad and Tobago," Review of Development Economics, Wiley Blackwell, vol. 12(2), pages 339-353, May.
    • Handle: RePEc:bla:rdevec:v:12:y:2008:i:2:p:339-353
    DOI: 10.1111/j.1467-9361.2008.00446.x
    as

    Download full text from publisher

    File URL: https://doi.org/10.1111/j.1467-9361.2008.00446.x
    Download Restriction: no
    File URL: https://libkey.io/10.1111/j.1467-9361.2008.00446.x?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Doris Weichselbaumer & Rudolf Winter‐Ebmer, 2005. "A Meta‐Analysis of the International Gender Wage Gap," Journal of Economic Surveys, Wiley Blackwell, vol. 19(3), pages 479-511, July.
    2. Patricia Jones, 1998. "The impact of minimum wage legislation in developing countries where coverage is incomplete," CSAE Working Paper Series 1998-02, Centre for the Study of African Economies, University of Oxford.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Song, Wenfei & Han, Xianfeng, 2022. "The bilateral effects of foreign direct investment on green innovation efficiency: Evidence from 30 Chinese provinces," Energy, Elsevier, vol. 261(PB).
    2. Christopher F. Parmeter, 2018. "Estimation of the two-tiered stochastic frontier model with the scaling property," Journal of Productivity Analysis, Springer, vol. 49(1), pages 37-47, February.
    3. Alecos Papadopoulos, 2015. "The half-normal specification for the two-tier stochastic frontier model," Journal of Productivity Analysis, Springer, vol. 43(2), pages 225-230, April.
    4. Giovanni E Reyes & Sandra Milena Chacón, 2014. "Colombia 2003-2013: Estructura y tendencias de las exportaciones," Revista Tendencias, Universidad de Narino, vol. 15(2), pages 45-57.
    5. Solomon W. Polachek, 2017. "Heterogeneity in the Labor Market: Ability and Information Acquisition," Eastern Economic Journal, Palgrave Macmillan;Eastern Economic Association, vol. 43(3), pages 377-390, June.
    6. Sharif, Najma R. & Dar, Atul A., 2007. "An Empirical Investigation of the Impact of Imperfect Information on Wages in Canada," Review of Applied Economics, Lincoln University, Department of Financial and Business Systems, vol. 3(01-2), pages 1-19.
    7. Shirong Zhao & Jeremy Losak, 2024. "Two-tiered stochastic frontier models: a Bayesian perspective," Journal of Productivity Analysis, Springer, vol. 61(2), pages 85-106, April.
    8. Aydede, Yigit & Dar, Atul A., 2022. "Native-born-immigrant wage gap revisited: The role of market imperfections in Canada," CLEF Working Paper Series 50, Canadian Labour Economics Forum (CLEF), University of Waterloo.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Aubry, Amandine & Héricourt, Jérôme & Marchal, Léa & Nedoncelle, Clément, 2022. "Does Immigration AffectWages? A Meta-Analysis," CEPREMAP Working Papers (Docweb) 2202, CEPREMAP.
    2. Katie Meara & Francesco Pastore & Allan Webster, 2020. "The gender pay gap in the USA: a matching study," Journal of Population Economics, Springer;European Society for Population Economics, vol. 33(1), pages 271-305, January.
    3. Melo, Patricia C. & Graham, Daniel J. & Noland, Robert B., 2009. "A meta-analysis of estimates of urban agglomeration economies," Regional Science and Urban Economics, Elsevier, vol. 39(3), pages 332-342, May.
    4. Thorsten Konietzko, 2015. "Self-Employed Individuals, Time Use, and Earnings," Journal of Family and Economic Issues, Springer, vol. 36(1), pages 64-83, March.
    5. Ben Jann, 2008. "A Stata implementation of the Blinder-Oaxaca decomposition," ETH Zurich Sociology Working Papers 5, ETH Zurich, Chair of Sociology, revised 14 May 2008.
    6. Sloczynski, Tymon, 2013. "Population Average Gender Effects," IZA Discussion Papers 7315, Institute of Labor Economics (IZA).
    7. Hugo Ñopo, 2006. "The Gender Wage Gap in Chile 1992-2003 from a Matching Comparisons Perspective," Research Department Publications 4463, Inter-American Development Bank, Research Department.
    8. Grund, Christian, 2015. "Gender pay gaps among highly educated professionals — Compensation components do matter," Labour Economics, Elsevier, vol. 34(C), pages 118-126.
    9. Yannick Bineau, 2010. "Une méta-analyse des études sur la mesure de la mobilité internationale du capital selon la méthode de Feldstein et Horioka," L'Actualité Economique, Société Canadienne de Science Economique, vol. 86(2), pages 227-272.
    10. Atal, Juan Pablo & Ñopo, Hugo R. & Winder, Natalia, 2009. "New Century, Old Disparities: Gender and Ethnic Wage Gaps in Latin America," IDB Publications (Working Papers) 1131, Inter-American Development Bank.
    11. Marko Ledić & Ivica Rubil, 2021. "Beyond Wage Gap, Towards Job Quality Gap: The Role of Inter-Group Differences in Wages, Non-Wage Job Dimensions, and Preferences," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 155(2), pages 523-561, June.
    12. Ina GANGULI & Ricardo HAUSMANN & Martina VIARENGO, 2014. "Closing the gender gap in education: What is the state of gaps in labour force participation for women, wives and mothers?," International Labour Review, International Labour Organization, vol. 153(2), pages 173-207, June.
    13. Jessen, Jonas & Jessen, Robin & Kluve, Jochen, 2019. "Punishing potential mothers? Evidence for statistical employer discrimination from a natural experiment," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 59, pages 164-172.
    14. Boris Hirsch & Michael Oberfichtner & Claus Schnabel, 2014. "The levelling effect of product market competition on gender wage discrimination," IZA Journal of Labor Economics, Springer;Forschungsinstitut zur Zukunft der Arbeit GmbH (IZA), vol. 3(1), pages 1-14, December.
    15. Rupi, Federico & Freo, Marzia & Poliziani, Cristian & Postorino, Maria Nadia & Schweizer, Joerg, 2023. "Analysis of gender-specific bicycle route choices using revealed preference surveys based on GPS traces," Transport Policy, Elsevier, vol. 133(C), pages 1-14.
    16. Weichselbaumer, Doris & Winter-Ebmer, Rudolf, 2003. "Rhetoric in Economic Research: The Case of Gender Wage Differentials," Economics Series 144, Institute for Advanced Studies.
    17. Tetsuo Ono, 2016. "Marital Status and Derived Pension Rights: A Political Economy Model of Public Pensions with Borrowing Constraints," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 18(1), pages 99-124, February.
    18. Juan Camilo C√°rdenas & Hugo ÔøΩopo & Jorge Luis CastaÔøΩeda, 2012. "Equidad en la Diferencia: Pol√≠ticas para la Movilidad Social de Grupos de Identidad. Misi√≥n de Movilidad Social y Equidad," Documentos CEDE 10319, Universidad de los Andes, Facultad de Economía, CEDE.
    19. Aleksandra Majchrowska & Paweł Strawiński & Karolina Konopczak & Agnieszka Skierska, 2014. "Why are women paid less than men? An investigation into gender wage gap in Poland," Working Papers 2014-31, Faculty of Economic Sciences, University of Warsaw.
    20. Arceo-Gómez, Eva O. & Campos-Vázquez, Raymundo M., 2014. "Evolución de la brecha salarial de género en México," El Trimestre Económico, Fondo de Cultura Económica, vol. 0(323), pages .619-653, julio-sep.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bla:rdevec:v:12:y:2008:i:2:p:339-353. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Wiley Content Delivery (email available below). General contact details of provider: http://www.blackwellpublishing.com/journal.asp?ref=1363-6669 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.