Stochastic reservation and offer wages

Wim Groot, Hessel Oosterbeek

Research output: Contribution to journalArticleAcademicpeer-review


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. ?? 1994.
Original languageEnglish
Pages (from-to)383-390
Number of pages8
JournalLabour Economics
Issue number3-4
Publication statusPublished - 1994
Externally publishedYes


  • Two-tiered frontier model
  • Wages

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