Do Reservation Wages Really Decline? Some International Evidence on the Determinants of Reservation Wages

Using cross-country data, we investigate the determinants of reservation wages and their course over the jobless spell. Higher unemployment benefits lead to higher reservation wages. Further, again consistent with the basic search model, repeated observations on the same individual provide scant evidence of declining reservation wages.

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Year of publication:	2008
Authors:	Addison, John T. ; Centeno, Mário ; Portugal, Pedro
Publisher:	Berlin : Deutsches Institut für Wirtschaftsforschung (DIW)
Subject:	Reservation wages \| probability of reemployment \| unemployment benefits \| arrival rate of job offers

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Series:	SOEPpapers on Multidisciplinary Panel Data Research ; 85
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Working Paper
Language:	English
Other identifiers:	884230554 [GVK] hdl:10419/150634 [Handle] RePEc:diw:diwsop:diw_sp85 [RePEc]
Classification:	J64 - Unemployment: Models, Duration, Incidence, and Job Search ; J65 - Unemployment Insurance; Severance Pay; Plant Closings
Source:	EconStor

Persistent link: https://www.econbiz.de/10011600731