Preferences over jobs depend on wages and non-wage aspects. Variation in wealth may change the importance of income as … a motivation for working. Higher wealth levels may make good non-wage characteristics relatively more important. This … work in itself") is found to increase significantly after large windfall wealth gains in British panel data. Thus, wealth …

that households with a participating wife are better able to deal with unemployment of the husband. A supplementary … sensitive to his own unemployment income if the wife is nonparticipating. This implies that unemployment benefits have a …

income and time, poorer people are less likely to get educated since education requires both wealth and free time. But being …

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 …

, 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 reservation … wages to offered wages increase rapidly with duration of unemployment; on average, reservation wages begin to exceed offered …