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Disclosing true supervisor pay reduced the mean absolute difference between perceived supervisor pay and actual salary from 35,320 SLL in the control group to 482 SLL in the treatment group (p < 0.001), where only 30% held accurate beliefs at baseline (37% underestimated, 33% overestimated).
Trainees who received objective feedback about their soft skills updated their expectations in line with reality regarding eligible jobs, though they became less willing to accept lower-quality employment.
Young job seekers in Johannesburg updated their beliefs about their abilities, redirected search efforts toward aligned sectors, and cumulatively earned 1.8 times more than program operating costs within 3.5 months.
Market exposure reduced worker reservation wages by 6.6% (p < 0.10) and wage mismatch by 4.2% (p < 0.10), while increasing job board visits by 3.01 visits (p < 0.05); treated firms increased professional vacancy advertising by 12 percentage points (p < 0.01) and job board recruitment by 9.6 percentage points (p < 0.05).
Proves mathematically that in the intermediate "unsafe regime" where minimum qualification $z$ binds, a downward belief shock ($\mu$) increases search expenditure ($s$) to avoid remaining unmatched under vacancy penalty ($\kappa$).