characteristics of the unemployed are the most important determinants of reservation wages. In contrast neither unemployment duration … nor different kinds of unemployment benefits influence reservation wages. Hence the findings corroborate the hypothesis …

producing employment growth and in reducing unemployment than most continental-European OECD-countries. It is argued that the … developed venture capital markets should help to alleviate such financial constraints. This view that labor-market institutions …

reducing unemployment compared to most continental European OECD countries. As a rule they have also been and are still ahead …

, whereby special focus is placed on unemployment duration. The results of the study indicate that in contrast to reservation … wages, offered wages decline considerably with duration of unemployment. This is the main reason that ratios of reserva …­tion wages to offered wages increase rapidly with duration of unemploy­ment; on average, reservation wages begin to exceed …

short spells of unemployment calculated and reported reservation wages correspond very well, whereas reported reservation …

This paper deals with the influence of reported reservation wages at the begin-ning of an unemployment spell on the … unemployment duration be found, whereby it then occurs at a considerable level. …