We run a field experiment in which we provide information to students about job opportunities and hourly wages of occupations they are interested in. The experiment takes place within a widely-used career orientation program in the Netherlands, and involves 28,186 pre-vocational secondary...

This paper explores the meaning and implications of the desire by workers for impact. We find that this impact motive can make firms in a competitive labor market act as monopsonists, lead workers with the same characteristics but at different firms to earn different wages, may alleviate the...