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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1997-02, Tilburg University, Center for Economic Research.
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IMF Working Papers
03/4, International Monetary Fund.
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- repec:spo:wpecon:info:hdl:2441/9704 is not listed on IDEAS
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"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.
- Addison, John T. & Centeno, Mario & Portugal, Pedro, 2008. "Unemployment Benefits and Reservation Wages: Key Elasticities from a Stripped-Down Job Search Approach," IZA Discussion Papers 3357, Institute for the Study of Labor (IZA).
- Devine, Theresa J. & Kiefer, Nicolas M., 1991. "Empirical Labor Economics: The Search Approach," OUP Catalogue, Oxford University Press, number 9780195059366, June.
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