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in wages of NHS nurses relative to wages in outside options available to nurses, utilising the panel data aspect of the …. In contrast, in the London region, the short run elasticity is much higher. We discuss the policy implications of these …
Persistent link: https://www.econbiz.de/10010481040
expectations and wages, and a significantly positive relationship between optimistic bias in job finding expectations and … search and matching model of the labor market. Removing the biases could substantially increase wages and expected lifetime … income in East Germany. The bias difference in labor market expectations explains part of the East-West German wage gap. …
Persistent link: https://www.econbiz.de/10014247564
expectations and wages, and a significantly positive relationship between optimistic bias in job finding expectations and … search and matching model of the labor market. Removing the biases could substantially increase wages and expected lifetime … income in East Germany. The difference in biases in labor market expectations explains part of the East-West German wage gap. …
Persistent link: https://www.econbiz.de/10014466945
Persistent link: https://www.econbiz.de/10009242603
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Using cross-country data, we investigate the determinants of reservation wages and their course over the jobless spell …. Higher unemployment benefits lead to higher reservation wages. Further, again consistent with the basic search model …, repeated observations on the same individual provide scant evidence of declining reservation wages …
Persistent link: https://www.econbiz.de/10014220082
Using cross-country data, we investigate the determinants of reservation wages and their course over the jobless spell …. Higher unemployment benefits lead to higher reservation wages. Further, again consistent with the basic search model …, repeated observations on the same individual provide scant evidence of declining reservation wages …
Persistent link: https://www.econbiz.de/10013324854
We test what survey measures of the reservation wage reveal about individual labor supply, i.e., an individual's willingness to substitute leisure by consumption. To this end, we combine the reservation wage measure from a large labor market survey with the reservation wage for a one-hour job...
Persistent link: https://www.econbiz.de/10012896545
Survey measures of the reservation wage reflect both the consumption-leisure trade-off and job search concerns (the arrival rate of job offers and the wage distribution). We examine what a survey measure of the reservation wage reveals about labor supply when search concerns are absent. To this...
Persistent link: https://www.econbiz.de/10012831654