The Dynamics of Reservation Wages: Preliminary Evidence from the GSOEP
AbstractThis paper presents preliminary results from an empirical analysis of the individual and macroeconomic deter-minants of reservation wages, using data from the German Socio-Economic Panel. The longitudinal aspect of the dataset provides an interesting perspective on the dynamics of reservation wages and their correlations with accepted wage offers for workers who make the transition from unemployment to employment. The findings have important policy implications as well, since they shed some light on the disincentive effects of the German tax and transfer system for the labor supply and employment decisions of unemployed workers at different points of the skill/offer wage distribution.
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Bibliographic InfoArticle provided by DIW Berlin, German Institute for Economic Research in its journal Vierteljahrshefte zur Wirtschaftsforschung.
Volume (Year): 70 (2001)
Issue (Month): 1 ()
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- Björn Christensen, 2002. "Reservation Wages, Offered Wages, and Unemployment Duration � New Empirical Evidence," Kiel Working Papers 1095, Kiel Institute for the World Economy.
- Christensen, Björn, 2003. "Anspruchslohn und Arbeitslosigkeit in Deutschland (Reservation wage and unemployment in Germany)," Mitteilungen aus der Arbeitsmarkt- und Berufsforschung, Institut für Arbeitsmarkt- und Berufsforschung (IAB), Nürnberg [Institute for Employment Research, Nuremberg, Germany], vol. 36(4), pages 573-598.
- Stephan Humpert & Christian Pfeifer, 2012.
"Explaining Age and Gender Differences in Employment Rates: A Labor Supply Side Perspective,"
SOEPpapers on Multidisciplinary Panel Data Research
449, DIW Berlin, The German Socio-Economic Panel (SOEP).
- Humpert, Stephan & Pfeifer, Christian, 2013. "Explaining age and gender differences in employment rates : a labor supply side perspective," Journal for Labour Market Research, Institut für Arbeitsmarkt- und Berufsforschung (IAB), Nürnberg [Institute for Employment Research, Nuremberg, Germany], vol. 46(1), pages 1-17.
- Stephan Humpert & Christian Pfeifer, 2011. "Explaining Age and Gender Differences in Employment Rates: A Labor Supply Side Perspective," Working Paper Series in Economics 214, University of Lüneburg, Institute of Economics.
- Christensen, Björn, 2001. "Mismatch-Arbeitslosigkeit unter Geringqualifizierten (Mismatch-unemployment among the low-skilled)," Mitteilungen aus der Arbeitsmarkt- und Berufsforschung, Institut für Arbeitsmarkt- und Berufsforschung (IAB), Nürnberg [Institute for Employment Research, Nuremberg, Germany], vol. 34(4), pages 506-514.
- Björn Christensen, 2003. "Selektionsverzerrungen, erfragte Reservationslöhne und Arbeitslosigkeitsdauer," Kiel Working Papers 1162, Kiel Institute for the World Economy.
- Björn Christensen, 2003. "Die Validität erfragter Reservationslöhne: ein Test auf Basis der stationären Suchtheorie," Kiel Working Papers 1151, Kiel Institute for the World Economy.
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