. Reservation wages are derived from an explicit utility function in which the most critical taste parameter is assumed to vary both … systematically and randomly across individuals. Market wages are derived from a standard wage equation adjusted to the special … market and reservation wages) and the incentives set up by private pension plans are estimated to be major causes of …

In a seminal paper, Camerer, Babcock, Loewenstein, and Thaler (1997) find that the wage elasticity of daily hours of …

of monopsony. We use an exogenous change in wages at Veterans Affairs hospitals as a natural experiment to investigate … supply to individual hospitals is quite inelastic, with short-run elasticity around 0.1. We also find that non-VA hospitals … responded to the VA wage change by changing their own wages …

strong evidence of rent-sharing, with a "Lester range" of variation in wages between profitable and unprofitable firms of …

provinces. We examine monthly data on employment, wages, and hours across 8 industries and 10 provinces over the 1961- 1975 … period. We find that employment actually rose after the introduction of NHI; wages increased as well, while average hours …

flexibility. We leverage a large natural field experiment at Uber to create exogenous variation in expected market wages across … individuals and over time. Combining this experiment with high frequency panel data on wages and individual work decisions, we … document how labor supply responds to exogenous changes in expected market wages in a setting with virtually no restrictions on …

reservation wages to unemployment benefits. Some existing estimates imply significant gains to raising the current level of … unemployment benefits in the United States, but highlight the need for more research on the determinants of reservation wages. Our …

paper shows that UI extensions at age thresholds reduced reemployment wages of job searchers in Germany. The UI extensions …This paper provides quasi-experimental estimates of the causal effect of long-term unemployment on wages. Using … standard job search theory, the paper derives and tests conditions on reemployment wages under which Unemployment Insurance (UI …

, the statistical precision challenges leading estimates of the cost-of-capital elasticity of investment, or undermines …