The aggregate Frisch elasticity of labor supply has played a key role in business cycle analysis. This paper develops a … or paid wages are subject to an unanticipated temporary change, we can derive an analytical expression for the aggregate … Frisch elasticity and illustrate its main components: (i) the intensive and extensive adjustment of hours worked, (ii) the …

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 …

Wages are only mildly cyclical, implying that shocks to labour demand have a larger short-run impact on unemployment … rather than wages, at odds with the quantitative predictions of the canonical search model – even if wages are only … reservation wages, and consider an alternative reservation wage model based on reference dependence in job search. This extension …

decline in the demand for and the real wages of this group after 2000. We investigate empirically, whether there has been a … similar trend in Germany. Based on comprehensive, long-run administrative data for the years 1975 to 2010, we use a set of … education attainment and wages over time, we put a particular focus on changes of the task composition, the chances of entering …

administrative data reveals that the reform led to more apprentices in German firms despite a decrease in apprentice wages. This can … apprentices; setting lower wages is possible because of a rising supply of apprentices owing to substantially improved employment …

income taxation on the ratio between reservation and net market wages. Based on micro data for Germany (SOEP) we show that …This paper extends previous research about the determinants of reservation wages by analysing the effect of progressive … joint income taxation in Germany which discriminates by marital status, has a strong and highly significant impact on the …

search behavior using a novel panel data set of newly-unemployed individuals in Germany. Consistent with our theoretical … their future outcomes are determined by external factors have lower reservation wages. -- Job search behavior ; search …

search productivity, it is also likely that individuals set higher reservation wages. We analyze these relations using a … novel data set of unemployed individuals in Germany containing extensive information on job search behavior and direct … relationship between the network size and reservation wages. -- job search behavior ; unemployment ; social networks …