Inaccurate expectations of future wages are found in many contexts. Yet, existing studies overwhelmingly refer to high-income countries, and there is little evidence regarding the sources of expectational errors.Based on a longitudinal survey of...
Biased beliefs about future labor-market earnings are commonplace. Based on a longitudinal survey of graduate work transitions in Mozambique, this study assesses the contribution of employment mismatches to a large positive gap between expected (ex...
Students’ expectations about their future wages are established in the literature as relevant determinants of the choices made for education progression and, at the university level, for the area and course to be studied. In this paper, the first...
How jobseekers set their earnings expectations is central to job search models. To study this process, we track the evolution of own-earnings forecasts over 18 months for a representative panel of university-leavers in Mozambique and estimate the...
Forward-looking expectations are central to job search but often inaccurate. To test whether public information can help correct beliefs, we embed an experiment in a longitudinal survey of Mozambican graduates. We quantify responses of own-earning...
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