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Die Validität erfragter Reservationslöhne: ein Test auf Basis der stationären Suchtheorie

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  • Björn Christensen
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    Abstract

    Spiegeln in Befragungen ermittelte Reservationslöhne valide das wider, was nach der Suchtheorie zu erwarten wäre? Um diese Frage beantworten zu können, werden auf Basis der stationären Suchtheorie unter zu Hilfenahme von empirisch ermittelten Beobachtungen über den Sucherfolg von Arbeitslosen Reservationslöhne prognostiziert, die mit erfragten Reservationslohnangaben aus dem Sozio-oekonomischen Panel (GSOEP) verglichen werden. Es zeigt sich, dass für kurze Arbeitslosigkeitsdauern die Übereinstimmung zwischen den prognostizierten und den erfragten Reservationslöhnen extrem hoch ist, während für Langzeitarbeitslose die erfragten Reservationslöhne die aus dem theoretischen Modell heraus prognostizierten übersteigen. Do reported reservation wages correspond to the concept of reservation wages in search theory? To answer this question, reservation wages are calculated on the basis of stationary search theory and on job-search success observations of unemployed persons in order to compare them with reported reservation wages from the Socio-economic Panel (GSOEP). It is shown that for short spells of unemployment calculated and reported reservation wages correspond very well, whereas reported reservation wages exceed the calculated ones for long-term unemployed.

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    Bibliographic Info

    Paper provided by Kiel Institute for the World Economy in its series Kiel Working Papers with number 1151.

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    Length: 70 pages
    Date of creation: Mar 2003
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    Handle: RePEc:kie:kieliw:1151

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    1. Schimmelpfennig, Axel, 1998. "Skill-biased technical change vs. structural change: Insights from a new view of the structure of an economy," Kiel Working Papers 868, Kiel Institute for the World Economy.
    2. Böheim, René, 2002. "The association between reported and calculated reservation wages," ISER Working Paper Series 2002-07, Institute for Social and Economic Research.
    3. Klodt, Henning & Maurer, Rainer & Schimmelpfennig, Axel, 1997. "Tertiarisierung in der deutschen Wirtschaft," Open Access Publications from Kiel Institute for the World Economy, Kiel Institute for the World Economy (IfW) 959, Kiel Institute for the World Economy (IfW).
    4. Nawata, Kazumitsu, 1994. "Estimation of sample selection bias models by the maximum likelihood estimator and Heckman's two-step estimator," Economics Letters, Elsevier, Elsevier, vol. 45(1), pages 33-40, May.
    5. Lancaster, Tony & Chesher, Andrew, 1983. "An Econometric Analysis of Reservation Wages," Econometrica, Econometric Society, Econometric Society, vol. 51(6), pages 1661-76, November.
    6. John M. Barron & Wesley Mellow, 1981. "Changes in Labor Force Status among the Unemployed," Journal of Human Resources, University of Wisconsin Press, vol. 16(3), pages 427-441.
    7. Martin Feldstein & James M. Poterba, 1984. "Unemployment Insurance and Reservation Wages," NBER Working Papers 1011, National Bureau of Economic Research, Inc.
    8. Greene, William H, 1981. "Sample Selection Bias as a Specification Error: Comment," Econometrica, Econometric Society, Econometric Society, vol. 49(3), pages 795-98, May.
    9. Enswar Prasad, 2001. "The Dynamics of Reservation Wages: Preliminary Evidence from the GSOEP," Vierteljahrshefte zur Wirtschaftsforschung / Quarterly Journal of Economic Research, DIW Berlin, German Institute for Economic Research, DIW Berlin, German Institute for Economic Research, vol. 70(1), pages 44-50.
    10. Jones, Stephen R G, 1988. "The Relationship between Unemployment Spells and Reservation Wages as a Test of Search Theory," The Quarterly Journal of Economics, MIT Press, MIT Press, vol. 103(4), pages 741-65, November.
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