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"Choose to be optimistic, it feels better?" Evidence of optimism on employment utility

"Choose to be optimistic, it feels better?" Evidence of optimism on employment utility
"Choose to be optimistic, it feels better?" Evidence of optimism on employment utility
Individual’s expected wages exceed predicted market wages. Rational expectations imply the divergence should be zero. If individuals over-estimate the return from their attributes and view the paid-employment return distribution too favourably, then conditional on market wages, subsequent employment utility is likely to be low through disappointment.
0307-3378
1-14
Dawson, Chris
e4036a26-678c-4891-a1ea-9eb8813bca0b
Hinks, Timothy
97bf168b-fd21-4e42-a4cf-34f85abe9e74
Veliziotis, Michail
e43806b3-fdb5-494b-a624-04a5227d2fad
Dawson, Chris
e4036a26-678c-4891-a1ea-9eb8813bca0b
Hinks, Timothy
97bf168b-fd21-4e42-a4cf-34f85abe9e74
Veliziotis, Michail
e43806b3-fdb5-494b-a624-04a5227d2fad

Dawson, Chris, Hinks, Timothy and Veliziotis, Michail (2016) "Choose to be optimistic, it feels better?" Evidence of optimism on employment utility. Bulletin of Economic Research, 1-14. (doi:10.1111/boer.12107).

Record type: Article

Abstract

Individual’s expected wages exceed predicted market wages. Rational expectations imply the divergence should be zero. If individuals over-estimate the return from their attributes and view the paid-employment return distribution too favourably, then conditional on market wages, subsequent employment utility is likely to be low through disappointment.

Text
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Accepted/In Press date: 13 October 2016
e-pub ahead of print date: 13 November 2016
Organisations: Southampton Business School
Learn more about Southampton Business School research

Identifiers

Local EPrints ID: 401774
URI: http://eprints.soton.ac.uk/id/eprint/401774
DOI: doi:10.1111/boer.12107
ISSN: 0307-3378
PURE UUID: 678ad46b-ec8d-42e5-8e06-4ab0286783ef
ORCID for Michail Veliziotis: ORCID iD orcid.org/0000-0002-2245-587X

Catalogue record

Date deposited: 21 Oct 2016 10:44
Last modified: 15 Mar 2024 05:59

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Author: Chris Dawson
Author: Timothy Hinks
Author: Michail Veliziotis ORCID iD

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