Showing 1 - 10 of 11
Some workers bargain with prospective employers before accepting a job. Others could bargain, but find it undesirable, because their right to bargain has induced a sufficiently favorable offer, which they accept. Yet others perceive that they cannot bargain over pay; they regard the posted wage...
Persistent link: https://www.econbiz.de/10003769583
This paper provides evidence on the behavior of reservation wages over the spell of unemployment using high … to 24 weeks, we find that self‐reported reservation wages decline at a modest rate over the spell of unemployment, with … point estimates ranging from 0.05 to 0.14 percent per week of unemployment. The decline in reservation wages is driven …
Persistent link: https://www.econbiz.de/10010246658
Social norms are usually neglected in economics, because they are to a large extent enforced through non-market interactions and difficult to isolate empirically. In this paper, we offer a direct measure of the social norm to work and we show that this norm has important economic effects. The...
Persistent link: https://www.econbiz.de/10011401423
This paper provides a comprehensive evaluation of benefit sanctions, i.e. temporary reductions in unemployment benefits … as punishment for noncompliance with eligibility requirements. In addition to the effects on unemployment durations, we … evaluate the effects on post-unemployment employment stability, on exits from the labor market and on earnings. In our analysis …
Persistent link: https://www.econbiz.de/10003905637
Social norms are usually neglected in economics, because they are to a large extent enforced through non-market interactions and difficult to isolate empirically. In this paper, we offer a direct measure of the social norm to work and we show that this norm has important economic effects. The...
Persistent link: https://www.econbiz.de/10001605250
Persistent link: https://www.econbiz.de/10001766991
sharply over the spell of unemployment; (2) the self-reported reservation wage predicts whether a job offer is accepted or … rejected; (3) the reservation wage is remarkably stable over the course of unemployment for most workers, with the notable … devoted to job search and the reservation wage help predict early exits from Unemployment Insurance (UI). -- unemployment …
Persistent link: https://www.econbiz.de/10009125013
lose employment faster, especially once eligible for new unemployment benefits. Job seekers assigned to JSA have similar …
Persistent link: https://www.econbiz.de/10011903033
The job finding rate declines with the duration of unemployment. While this is a well established fact, the reasons are …" duration dependence, while the remaining 45 percent is due to dynamic selection of the unemployment pool. We also discuss …
Persistent link: https://www.econbiz.de/10014428496
50 states and D.C., job search is inversely related to the generosity of unemployment benefits, with an elasticity … of 2.5; 5) job search intensity for those eligible for Unemployment Insurance (UI) increases prior to benefit exhaustion …; 6) time devoted to job search is fairly constant regardless of unemployment duration for those who are ineligible for UI …
Persistent link: https://www.econbiz.de/10003752850