文章基本信息

标题：Inferring the Adequacy of Wage Expectations Among the Non-Working
其他标题：Metoda oceny adekwatności oczekiwań płacowych osób niepracujących
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作者：Paweł Strzelecki ; Joanna Tyrowicz
期刊名称：Gospodarka Narodowa
印刷版ISSN：2300-5238
出版年度：2015
卷号：280
期号：6
页码：51-69
DOI：10.33119/GN/100822
出版社：Warsaw School of Economics
摘要：Reservation wages and expected wages constitute different categories, both conceptually and empirically.The aim of this article is the construction of a method for inferring the adequacy of both kinds of wage expectations among persons who are not employed. This method is used to verify the hypothesis about the adequacy of reservation wages and expected wages among the unemployed in Poland.The key element of the analysis in this study is to what extent the reservation wages and wage expectations of the unemployed are in alignment with market conditions.We exploit a unique source of data on expected wages (National Bank of Poland survey) as well as data on reservation wages (Labour Force Survey) and develop a series of parametric and non-parametric counterfactual distributions for the registered unemployed.Our results indicate that expected wages are higher than reservation wages and continue to be positively correlated with wage pressure.We find that reservation wages in Poland from 2011 to 2014 were not excessive.This is important because if the wage expectations of the unemployed are in excess of market evaluation, unemployment and wage pressures prevail.
关键词：Mincerian wage regression; counterfactual distribution; reservation wage; wage expectations; wage pressure; LFS