Publication type
Journal Article
Author
Publication date
March 15, 2017
Summary:
Both sexes display inaccuracies in estimating their labour market prospects, but in different directions. Consistent with the literature on sex differences in psychological bias, females are less optimistic than men and on average tend to be overly pessimistic. Optimism, measured as an upwardly biased perception of the labour market returns distribution, increases the likelihood of disappointment with realized performance. A substantial proportion of the female job satisfaction advantage appears to be associated with both overly pessimistic female expectations and overly optimistic male expectations. The implications of female pessimism on both job-search and gender earnings differentials is also discussed.
Published in
Journal of Economic Behavior and Organization
Volume and page numbers
Volume: 135 , p.215 -228
DOI
http://dx.doi.org/10.1016/j.jebo.2017.02.004
ISSN
1672681
Subjects
#524211