This paper presents preliminary results from an empirical analysis of the individual and macroeconomic deter-minants of reservation wages, using data from the German Socio-Economic Panel. The longitudinal aspect of the dataset provides an interesting perspective on the dynamics of reservation...

The creation of new opportunities for employment is ranking high on the political agenda and in the rhetoric of the European Union. The boom markets of the information and communication industries are regarded as a key area for future employment. The hope for new jobs is nourished by forecasts...