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This paper is concerned with the study of the labor market performance of immigrants. The unemployment rate is used as …, probit regressions on the unemployment probabilities are estimated for the pooled crosssection of 1991 and 1995, taking into … account nationality- and gender-specific differences. In a second step, and based on the finding that unemployment rates …
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, whereby special focus is placed on unemployment duration. The results of the study indicate that in contrast to reservation … wages, offered wages decline considerably with duration of unemployment. This is the main reason that ratios of reserva …­tion wages to offered wages increase rapidly with duration of unemploy­ment; on average, reservation wages begin to exceed …
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A labor matching model with nominal rigidities can match short-run movements in labor's share with some success. However, it cannot explain much of the behavior of employment, vacancies, and job flows in postwar US data without resorting to additional shocks beyond monetary policy and...
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characteristics of the unemployed are the most important determinants of reservation wages. In contrast neither unemployment duration … nor different kinds of unemployment benefits influence reservation wages. Hence the findings corroborate the hypothesis …
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