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, repeated observations on the same individual provide scant evidence of declining reservation wages.
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- Eswar S Prasad, 2003.
"What Determines the Reservation Wages of Unemployed Workers? New Evidence From German Micro Data,"
IMF Working Papers
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London School of Economics and Political Science, vol. 77(305), pages 46-59, 01.
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- Dale T. Mortensen, 1977. "Unemployment Insurance and Job Search Decisions," ILR Review, Cornell University, ILR School, vol. 30(4), pages 505-517, July.
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- repec:spo:wpecon:info:hdl:2441/9704 is not listed on IDEAS
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