of couples' commuting, wages, labor supply, and consumption. Using data from the PSID for the years 2011-2019, results … indicate a positive and highly significant correlation between wages and commuting when analyzed cross-sectionally. However …, changes in wages and commuting over an individual's life cycle are not related. Additionally, commuting appears to be …

. Reservation wages are derived from an explicit utility function in which the most critical taste parameter is assumed to vary both … systematically and randomly across individuals. Market wages are derived from a standard wage equation adjusted to the special … market and reservation wages) and the incentives set up by private pension plans are estimated to be major causes of …

. Reservation wages are derived from an explicit utility function in which the most critical taste parameter is assumed to vary both … systematically and randomly across individuals. Market wages are derived from a standard wage equation adjusted to the special … market and reservation wages) and the incentives set up by private pension plans are estimated to be major causes of …

labor market states. In steady-state, we hence have a theory of equilibrium unemployment determined by both matching … of large flows between employment, unemployment and inactivity. Secondly, it shows that unemployment and aggregate wages … labor force and rises the share of attached workers. Finally, our theory suggests that contrary to two-state models …

labor market states. In steady-state, we hence have a theory of equilibrium unemployment determined by both matching … of large flows between employment, unemployment and inactivity. Secondly, it shows that unemployment and aggregate wages … labor force and rises the share of attached workers. Finally, our theory suggests that contrary to two-state models …