IDEAS home Printed from https://ideas.repec.org/p/fth/minnir/92-13.html
   My bibliography  Save this paper

The Effect of Job Heterogeneity on Reservation Wages

Author

Listed:
  • McCall, B.P.

Abstract

This paper develops a model of job search in which jobs differ in the amount of inspection and experience uncertainty. Under these circumstances, reservation wages may not remain constant or decrease over an unemployment spell. Even if job offer rates are constant over an unemployment spell, negative duration dependence of the reemployment hazard can occur when individuals search amongst a variety of jobs. Since this duration dependence is a result of time-varying unobserved heterogeneity, conventional methods for controlling for unobserved heterogeneity in reduced-form hazard models are inappropriate. Copyright 1994 by Economics Department of the University of Pennsylvania and the Osaka University Institute of Social and Economic Research Association.
(This abstract was borrowed from another version of this item.)

Suggested Citation

  • McCall, B.P., 1992. "The Effect of Job Heterogeneity on Reservation Wages," Papers 92-13, Minnesota - Industrial Relations Center.
    • Handle: RePEc:fth:minnir:92-13
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Other versions of this item:

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Mehmet Bac & Serife Genc, 2009. "The French first employment contract: efficient screening device or Kleenex contract?," Journal of Economics, Springer, vol. 98(1), pages 77-88, September.
    2. Cysne, Rubens Penha, 2006. "On The Positive Correlation Between Income and Patience," Revista Brasileira de Economia - RBE, EPGE Brazilian School of Economics and Finance - FGV EPGE (Brazil), vol. 60(1), January.
    3. Mark Stater & Jeffrey B Wenger, 2017. "The Immediate Hardship of Unemployment: Evidence from the US Unemployment Insurance System," Eastern Economic Journal, Palgrave Macmillan;Eastern Economic Association, vol. 43(1), pages 17-36, January.
    4. Romeo, Charles J, 1999. "Conducting Inference in Semiparametric Duration Models under Inequality Restrictions on the Shape of the Hazard Implied by Job Search Theory," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 14(6), pages 587-605, Nov.-Dec..

    More about this item

    Keywords

    EMPLOYMENT; WAGES;

    JEL classification:

    • J30 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - General
    • J31 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Wage Level and Structure; Wage Differentials

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:fth:minnir:92-13. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Thomas Krichel (email available below). General contact details of provider: https://edirc.repec.org/data/ircmnus.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.