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Groot, W. and Oosterbeek, H. (1994). Stochastic reservation and offer wages Labour Economics, 1(3-4):383--390.

  • Journal
    Labour Economics
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Relative employee and employer ignorance on the labor market is estimated by a two-tiered earnings frontier approach. The results show that some employees are less informed than others, but employers' information does not markedly differ between individual characteristics of employees. {\textcopyright} 1994.