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Susanne Forstner

Head, Labor Markets research group · Institute for Advanced Studies (IHS), Vienna

Head of the Labor Markets and the World of Work research group at IHS Vienna since January 2025. Her research covers labor market policy, social security and public finances, and the role of labor market expectations in lifetime earnings.

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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 …

Labor Markets Inequality Macroeconomics Free Read ↗