Reservationslöhne und Arbeitslosigkeitsdauer/ Reservation Wages and Unemployment Duration
Based on the GSOEP (2000) for Western Germany, the paper deals with the influence of reported reservation wages on unemployment duration. The selectivity in the reservation wage observations due to only one interview per year in the GSOEP is included in the model by Heckman-correction, and the possibility of censored spells is accounted for by a Hazard-rate analysis with semiparametric unobserved heterogeneity. The results show that only by correction for the selectivity bias the theoretically expected positive effect of reservation wages on the unemployment duration can be found; it then occurs at a considerable level.
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Volume (Year): 225 (2005)
Issue (Month): 3 (June)
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References listed on IDEAS
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- 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 (IfW).
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Publishing House "SINERGIA PRESS", vol. 31(3), pages 129-137.
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- Kiefer, Nicholas M, 1988. "Economic Duration Data and Hazard Functions," Journal of Economic Literature, American Economic Association, vol. 26(2), pages 646-679, June.
- Hujer, Reinhard & Schneider, Hilmar, 1989. "The analysis of labor market mobility using panel data," European Economic Review, Elsevier, vol. 33(2-3), pages 530-536, March.
- Groot, Wim, 1990. "Further evidence on the job search theory," Economics Letters, Elsevier, vol. 34(4), pages 387-391, December.
- Steven H. Sandell, 1980. "Job Search by Unemployed Women: Determinants of the Asking Wage," ILR Review, Cornell University, ILR School, vol. 33(3), pages 368-378, April.
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