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Source: State University of New York - Binghamton
Resulting in 1 citation.
1. Polachek, Solomon W.
Hofler, Richard A.
Employee Ignorance in the Labor Market
Mimeo, State University of New York - Binghamton, 1989
Cohort(s): Older Men
Publisher: State University of New York - Binghamton
Keyword(s): Earnings; Gender Differences; Geographical Variation; Job Search; Racial Differences; Unemployment; Unemployment Compensation; Unions; Urban and Regional Planning

Permission to reprint the abstract has not been received from the publisher.

Frontier production function estimation techniques are used to estimate two-error component earnings functions for various population strata. The first error component can be interpreted as being purely random. Across-strata differences in the second error component are interpreted to reflect interstrata employee differences in labor market wage information. Using data from the PSID and NLS, the authors find blacks and females to have less information than white males, urban employees to have more information than rural workers, unemployment insurance (UI) beneficiaries to have an information advantage over non-UI recipients, and union members to have more information than nonmembers.
Bibliography Citation
Polachek, Solomon W. and Richard A. Hofler. "Employee Ignorance in the Labor Market." Mimeo, State University of New York - Binghamton, 1989.