The COVID-19 pandemic can change the reservation wage because of changes in people’s preferences due to the risk of infection, the rapid rise of work at home, or a worsened household economy. Furthermore, the changing reservation wage changes the decision to work, especially for the second...

The COVID-19 pandemic can change the reservation wage because of changes in people’s preferences due to the risk of infection, the accelerating trend of remote work, and the worsened household economy. Using data from Japan on job seekers’ desired wages, we found that the upward trend of...

This study examines changes in reservation wages during the pandemic using data on desired wages among job seekers in Japan. The effects of occupational characteristics, municipal fear of infection risk, local labor market tightness and financial support on the changes in the reservation wages...