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.

MoreLess

Year of publication:	2008
Authors:	Addison, John T. ; Centeno, Mário ; Portugal, Pedro
Institutions:	Forschungsbasierte Infrastruktureinrichtung "Sozio-oekonomisches Panel (SOEP)", DIW Berlin (Deutsches Institut für Wirtschaftsforschung)
Subject:	Reservation wages \| probability of reemployment \| unemployment benefits \| arrival rate of job offers

More details

Extent:	application/pdf
Series:	SOEPpapers on Multidisciplinary Panel Data Research. - ISSN 1864-6689.
Type of publication:	Book / Working Paper
Language:	English
Notes:	Number 85 11 pages long
Classification:	J64 - Unemployment: Models, Duration, Incidence, and Job Search ; J65 - Unemployment Insurance; Severance Pay; Plant Closings
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005017390