IDEAS home Printed from https://ideas.repec.org/p/isa/wpaper/22.html
   My bibliography  Save this paper

A Tale on Information and Wage Expectations

Author

Listed:
  • De Paola Maria

    (University of Calabria)

  • Lupi Claudio

    (ISAE - Institute for Studies and Economic Analyses)

  • Ordine Patrizia

    (University of Calabria)

Abstract

The process of wage expectations formation in different regional labor markets is considered. We argue that when information is scarce or ambiguous, cognitive dissonance phenomena may play a relevant role in shaping expectations. The theoretical discussion is supplemented with an empirical analysis carried out on individual data of Italian unemployed using semiparametric techniques. Results show a marked difference in expectations formation, with the northern unemployed using information more efficiently.

Suggested Citation

  • De Paola Maria & Lupi Claudio & Ordine Patrizia, 2001. "A Tale on Information and Wage Expectations," ISAE Working Papers 22, ISTAT - Italian National Institute of Statistics - (Rome, ITALY).
    • Handle: RePEc:isa:wpaper:22
    as

    Download full text from publisher

    File URL: http://lipari.istat.it/digibib/Working_Papers/depaola_lupi_ordine_22_2001.pdf
    Download Restriction: no
    ---><---

    Citations

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


    Cited by:

    1. Maria De Paola & Vincenzo Scoppa, 2002. "Firms' Training Decisions and Unemployment in Italian Labour Markets," Giornale degli Economisti, GDE (Giornale degli Economisti e Annali di Economia), Bocconi University, vol. 61(1), pages 103-126, June.
    2. Jones, Sam & Santos, Ricardo, 2022. "Can information correct optimistic wage expectations? Evidence from Mozambican job-seekers," Journal of Development Economics, Elsevier, vol. 159(C).

    More about this item

    Keywords

    Wage; Expectations formation; Regional labor markets.;
    All these keywords.

    JEL classification:

    • D83 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Search; Learning; Information and Knowledge; Communication; Belief; Unawareness
    • D84 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Expectations; Speculations
    • J64 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Unemployment: Models, Duration, Incidence, and Job Search

    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:isa:wpaper:22. 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.

    We have no bibliographic references for this item. You can help adding them by using 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: Stefania Rossetti (email available below). General contact details of provider: https://edirc.repec.org/data/istgvit.html .

    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.