Do Reservation Wages Really Decline? Some International Evidence on the Determinants of Reservation Wages
Using cross-country data, we investigate the determinants of reservation wages and their course over the jobless spell. Higher unemployment benefits lead to higher reservation wages. Further, again consistent with the basic search model, repeated observations on the same individual provide scant evidence of declining reservation wages.
|Date of creation:||Jan 2008|
|Publication status:||published in: Journal of Labor Research, 2009, 30 (1), 1 - 8|
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References listed on IDEAS
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- John T. Addison & Mário Centeno & Pedro Portugal, 2010.
"Unemployment Benefits and Reservation Wages: Key Elasticities from a Stripped-Down Job Search Approach,"
London School of Economics and Political Science, vol. 77(305), pages 46-59, 01.
- John T. Addison & Mário Centeno & Pedro Portugal, 2008. "Unemployment Benefits and Reservation Wages: Key Elasticities from a Stripped-Down Job Search Approach," Working Papers w200803, Banco de Portugal, Economics and Research Department.
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- Hans Bloemen & Elena Stancanelli, 2001. "Individual Wealth, Reservation Wages, and Transitions into Employment," Sciences Po publications info:hdl:2441/9704, Sciences Po.
- Hans Bloemen & Elena Stancanelli, 2001. "Individual Wealth, Reservation Wages, and Transitions into Employment," Post-Print hal-01017002, HAL.
- Devine, Theresa J. & Kiefer, Nicolas M., 1991. "Empirical Labor Economics: The Search Approach," OUP Catalogue, Oxford University Press, number 9780195059366.
- repec:spo:wpecon:info:hdl:2441/9704 is not listed on IDEAS
- Eswar S Prasad, 2003. "What Determines the Reservation Wages of Unemployed Workers? New Evidence From German Micro Data," IMF Working Papers 03/4, International Monetary Fund.
- Prasad, Eswar, 2003. "What Determines the Reservation Wages of Unemployed Workers? New Evidence from German Micro Data," IZA Discussion Papers 694, Institute for the Study of Labor (IZA).
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