Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/316717 
Erscheinungsjahr: 
2025
Schriftenreihe/Nr.: 
IZA Discussion Papers No. 17762
Verlag: 
Institute of Labor Economics (IZA), Bonn
Zusammenfassung: 
This paper yields new insights into why similar workers are paid differently by surveying a representative sample of Danish firms and linking responses to administrative data. We find that a substantial minority of firms, about 18 percent, have inaccurate beliefs about their position in the wage distribution. Inaccurate beliefs are more likely to occur in smaller firms. To study the implications of firms' inaccurate beliefs, we build a simple model with monopsonistic firms. Using our survey, we elicit firms' motives for setting high wages. The dominant motive aligns with wage-posting models, i.e., retaining and attracting new employees. The least common motive is compensating for negative job characteristics.
Schlagwörter: 
firm information frictions
wage dispersion
biased beliefs
JEL: 
J01
J31
J42
D83
M52
Dokumentart: 
Working Paper

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