or paid wages are subject to an unanticipated temporary change, we can derive an analytical expression for the aggregate … extensive adjustment of wages, and (iii) the aggregate employment rate.We use individual-specific data from the German Socio …-employed workers' reservation wages. We use this variable in conjunction with a two-step conditional density estimator to retrieve the …

higher education graduates. On average, accepted wages are almost 8% higher than reservation wages, but there is no fixed …

work which has examined the association between employee wages and unemployment – the 'wage curve' …

Wages are only mildly cyclical, implying that shocks to labour demand have a larger short-run impact on unemployment … rather than wages, at odds with the quantitative predictions of the canonical search model – even if wages are only … reservation wages, and consider an alternative reservation wage model based on reference dependence in job search. This extension …

their future outcomes are determined by external factors have lower reservation wages …

search productivity, it is also likely that individuals set higher reservation wages. We analyze these relations using a … relationship between the network size and reservation wages …

A thorny problem in identifying the determinants of reservation wages and particularly the role of continued … completed duration is the negative effect of continued joblessness on reservation wages apparent. For its part, the completed … duration coefficient suggests that higher reservation wages negatively influence the probability of exiting unemployment …