This paper studies the reservation wages of unemployed persons and the wages offered them in Germany from 1987 to 1998 … 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 …

This paper provides new empirical evidence on the relationship between reservation wages of unemployed workers and …-Economic Panel) provides an interesting perspective on how reservation wages change over time and how they correlate with accepted …

rates of older workers and women. The basic rationale is that workers choose non-employed if their reservation wages are … larger than the offered wages. Whereas the offered wages depend on workers' productivity and firms' decisions, reservation … wages are largely determined by workers' endowments and preferences for leisure. To shed some empirical light on this issue …

rates of older workers and women. The basic rationale is that workers choose non-employed if their reservation wages are … larger than the offered wages. Whereas the offered wages depend on workers' productivity and firms' decisions, reservation … wages are largely determined by workers' endowments and preferences for leisure. To shed some empirical light on this issue …

higher education graduates. On average, accepted wages are almost 8% higher than reservation wages, but there is no fixed …

of large flows between employment, unemployment and inactivity. Secondly, it shows that unemployment and aggregate wages …

This paper investigates the reservation wages of unemployed persons on the basis of a job-search model with non …-static reservation wages using panel data from Germany from 1987 to 1998. The results suggest that reservation wages are relatively high … in Germany compared to other countries. Furthermore, pooled regression results show that most recent wages and personal …

their future outcomes are determined by external factors have lower reservation wages. …

their future outcomes are determined by external factors have lower reservation wages. …