Earnings profiles and money illusion
diploma thesis (DEFENDED)
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Permanent link
http://hdl.handle.net/20.500.11956/31158Identifiers
Study Information System: 102578
Collections
- Kvalifikační práce [18160]
Faculty / Institute
Faculty of Social Sciences
Discipline
Economics and Finance
Department
Institute of Economic Studies
Date of defense
23. 6. 2010
Publisher
Univerzita Karlova, Fakulta sociálních vědLanguage
English
Grade
Very good
The main goal of the thesis is to test the existence of money illusion among the working population of the Republic of Moldova. The author of the thesis conducted a survey in March 2010, and results suggest that under the presence of rather high inflation, and a larger increase in nominal wage relative to real wage, Moldovan workers are prone to money illusion, this influences their earning profiles over time and across economic sectors; more than that this finding is important in explaining why workers change the economic sector, or why some sectors of the economy are characterized by grater fluctuations than other. To the author's best knowledge, this represents the first time a study of this kind is conducted in the Republic of Moldova.
The main goal of the thesis is to test the existence of money illusion among the working population of the Republic of Moldova. The author of the thesis conducted a survey in March 2010, and results suggest that under the presence of rather high inflation, and a larger increase in nominal wage relative to real wage, Moldovan workers are prone to money illusion, this influences their earning profiles over time and across economic sectors; more than that this finding is important in explaining why workers change the economic sector, or why some sectors of the economy are characterized by grater fluctuations than other. To the author's best knowledge, this represents the first time a study of this kind is conducted in the Republic of Moldova.