An analysis of reservation wages for the economically inactive

This paper uses unique data for the economically inactive to calculate elasticity estimates of the reservation wage and exit probability with respect to state benefits and the arrival rate of job offers, and finds that the inactive react in similar ways to benefit increases as the unemployed.

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Year of publication:	2006
Authors:	Blackaby, David H. ; Latreille, Paul L. ; Murphy, Philip D. ; O'Leary, Nigel C. ; Sloane, Peter J.
Publisher:	Bonn : Institute for the Study of Labor (IZA)
Subject:	Anspruchslohn \| Großbritannien \| economic inactivity \| reservation wages

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Series:	IZA Discussion Papers ; 1980
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Working Paper
Language:	English
Other identifiers:	508330203 [GVK] hdl:10419/33347 [Handle]
Classification:	J21 - Labor Force and Employment, Size, and Structure ; J22 - Time Allocation and Labor Supply ; J31 - Wage Level and Structure; Wage Differentials by Skill, Training, Occupation, etc
Source:	EconStor

Persistent link: https://www.econbiz.de/10010276097