Wage Expectations in the Labor Market: Survey Evidence on Rationality
收藏NBER1980-02-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w0440
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资源简介：
Using a new set of directly observed wage expectations among firms, this paper finds that in general firms' forecasts fail the unbiasedness and efficiency requirements of weak-form rational expectations. These market participants consistently underestimate the wages they actually end up paying, and
提供机构：
美国国家经济研究局
创建时间：
1980-02-01
