The association between reported and calculated reservation wages

Do reported reservation wages correspond to the concept of reservation wages that economists have? Using panel data on British unemployed I calculate reservation wages from a search model and compare these with reported reservation wages. It is shown that mens reported reservation wages are greater than what the model predicts, and that for women there is hardly a relation between the two variables.

MoreLess

Year of publication:	2002
Authors:	Böheim, René
Publisher:	Colchester : University of Essex, Institute for Social and Economic Research (ISER)

More details

Series:	ISER Working Paper Series ; 2002-07
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Working Paper
Language:	English
Other identifiers:	hdl:10419/91875 [Handle] RePEc:ese:iserwp:2002-07 [RePEc]
Source:	EconStor

Persistent link: https://www.econbiz.de/10010331517