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DTSTART:20230326T010000
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DTSTART;TZID=Europe/Helsinki:20230919T121500
DTEND;TZID=Europe/Helsinki:20230919T133000
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SUMMARY:Peter Haan (DIW Berlin) -  "Biased Wage Expectations and Female Labor Supply"
DESCRIPTION:Applied Micro Seminar : Every Tuesday \nTime: 12:15 pm – 13:30 pm\nDate: 19th of September\nRoom : 3001 \n  \nPeter Haan (DIW Berlin) – Biased Wage Expectations and Female Labor Supply \n  \nAbstract : \nWage growth occurs almost exclusively in full-time work\, whereas it is close to zero in part-time work. German women\, when asked to predict their own potential wage outcomes\, show severely biased expectations with strong over-optimism about the returns to part-time experience. We estimate a structural life-cycle model to quantify how beliefs influence labor supply\, earnings and welfare over the life cycle. The bias increases part-time employment strongly\, induces flatter long-run wage profiles\, and substantially influences the employment effects of a widely discussed policy reform\, the introduction of joint taxation. The most significant impact of the bias appears for college-educated women. \n  \n  \n  \nOrganizers:\nBenoît SCHMUTZ (Pôle d’économie du CREST)\nClément MALGOUYRES (Pôle d’économie du CREST)\nSponsors:\nCREST \n
URL:https://crest.science/event/peter-haan-diw-berlin-t-b-a/
CATEGORIES:Applied Seminar
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