. Higher unemployment benefits lead to higher reservation wages. Further, again consistent with the basic search model …Using cross-country data, we investigate the determinants of reservation wages and their course over the jobless spell …, repeated observations on the same individual provide scant evidence of declining reservation wages …

. Higher unemployment benefits lead to higher reservation wages. Further, again consistent with the basic search model …Using cross-country data, we investigate the determinants of reservation wages and their course over the jobless spell …, repeated observations on the same individual provide scant evidence of declining reservation wages …

mainly on dismissals protection, distinguishing between the themes of employment and unemployment development and labor … market dynamics proper. Our discussion of employment and unemployment largely deals with the effect of employment protection …