Journal article
Employer and Employee Ignorance in Developing Countries: The Case of Trinidad and Tobago.
- Abstract:
-
The authors examine the degree of employer and employee ignorance about reservation and offer wages in Trinidad and Tobago and find this to be considerable. On average employers pay more than 26% above workers' reservation wages, while employees earn 22% less than the maximum wage on Offer, ceteris paribus. However, there are some differences across sub-groups of jobs, particularly with regard to individuals' lack of information about the best wage offers. Some differences are also found comp...
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Bibliographic Details
- Journal:
- Review of Development Economics
- Volume:
- 12
- Publication date:
- 2008-01-01
- ISSN:
-
1363-6669
Item Description
- Language:
- English
- UUID:
-
uuid:0649d7ff-88b6-4b39-90f3-55d5ace87146
- Local pid:
- oai:economics.ouls.ox.ac.uk:12850
- Deposit date:
- 2011-08-15
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Terms of use
- Copyright date:
- 2008
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