“Choose to be optimistic, it feels better?” Evidence of optimism on employment utility

Christopher Dawson; Timothy Hinks; Michail Veliziotis

doi:10.1111/boer.12107

“Choose to be optimistic, it feels better?” Evidence of optimism on employment utility

Christopher Dawson, Timothy Hinks, Michail Veliziotis

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Abstract

Individual’s expected wages exceed predicted market wages. Rational expectations imply the divergence should be zero. If individuals over-estimate the return from their attributes and view the paid-employment return distribution too favourably, then conditional on market wages, subsequent employment utility is likely to be low through disappointment.

Original language	English
Article number	428–436
Journal	Bulletin of Economic Research
Volume	69
Issue number	4
Early online date	13 Nov 2016
DOIs	https://doi.org/10.1111/boer.12107
Publication status	Published - 1 Oct 2017

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10.1111/boer.12107

BOER_Final_accepted
This is the peer reviewed version of the following article: Chris Dawson Tim Hinks Michail Veliziotis (2016) ‘CHOOSE TO BE OPTIMISTIC, IT FEELS BETTER?’ EVIDENCE OF OPTIMISM ON EMPLOYMENT UTILITY. Bulletin of Economic Research, 69(4), which has been published in final form at 10.1111/boer.12107. This article may be used for non-commercial purposes in accordance with Wiley Terms and Conditions for Self-Archiving.
Accepted author manuscript, 733 KB

Cite this

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“Choose to be optimistic, it feels better?” Evidence of optimism on employment utility

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“Choose to be optimistic, it feels better?” Evidence of optimism on employment utility

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