01
14:15 - 15:45
IWH Research Seminar
NOV
2021
14:15 - 15:45
Worker Beliefs About Rents and Outside Options
We measure workers’ beliefs about rents and outside options in a representative sample of German workers, and compare these beliefs with proxies for actual outside options. While subjective worker rents are large - 14% of salary on average - they do not stem from workers’ subjective wage premia at their current firm, but are entirely derived from non-wage amenities.
Who
(University of California)
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