This paper exploits survey information on reservation wages and data on actual wages from the European Community … elasticities are computed for the United Kingdom and eleven other European nations. -- Reservation wages ; probability of … reemployment ; accepted wages ; unemployment benefits ; arrival rate of job offers ; wage offer distributions …

This paper exploits survey information on reservation wages and data on actual wages from the European Community …

bracketed in the interval [0.05, 0.80], with the (un-weighted) mean elasticity across the various methods ranging from 0.26 to 0 …

offers, the determinants of reservation wages, transitions out of unemployment, and accepted wages. In this exploratory … wages do decline with the jobless spell (and aggregate unemployment); that transitions out of unemployment exhibit strong … negative duration dependence for reasons that have more to do with the arrival rate of job offers than with reservation wages …