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Survey measures of the reservation wage reflect both the consumption-leisure trade-off and job search concerns (the arrival rate of job offers and the wage distribution). We examine what a survey measure of the reservation wage reveals about labor supply when search concerns are absent. To this...
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Germany when a unit of earnings from Germany allows for larger consumption at home settle for lower entry wages, but …We relate origin-destination real price differences to immigrants' reservation wages and their career trajectories …, exploiting administrative data from Germany and the 2004 enlargement of the European Union. We find that immigrants who enter …
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Shortage of nurses is a problem in several countries. It is an unsettled question whether increasing wages constitute a …,638 individuals over 6 years totalling 69,122 observations. The estimated wage elasticity after controlling for individual …
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expectations and wages, and a significantly positive relationship between optimistic bias in job finding expectations and … search and matching model of the labor market. Removing the biases could substantially increase wages and expected lifetime … income in East Germany. The bias difference in labor market expectations explains part of the East-West German wage gap. …
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taken into account. We extend the neoclassical labor supply model in two directions. First, we allow for endogenous wages … differentials of part-time jobs, the model with endogenous wages predicts lower part-time employment than the standard neoclassical …
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