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Almut Balleer

Professor of Applied Macroeconomics · TU Dortmund

Professor of Applied Macroeconomics at TU Dortmund and co-head of the macroeconomics and public economics department at RWI Essen. Her research covers labor-market macroeconomics, empirical macroeconomics and monetary economics.

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Published Journal of Monetary Economics Online 1 Apr 2026 Published Apr 2026
Biased expectations and labor market outcomes: Evidence from German survey data and implications for the East–West wage gap

Almut Balleer · Georg Duernecker · Susanne Forstner · Johannes Goensch

The paper asks two questions: (1) How do workers' biased expectations about job finding and job separation shape the labor market equilibrium and wages? (2) Are differences in expectation biases …