Wages are only mildly cyclical, implying that shocks to labour demand have a larger short-run impact on unemployment … rather than wages, at odds with the quantitative predictions of the canonical search model – even if wages are only … reservation wages, and consider an alternative reservation wage model based on reference dependence in job search. This extension …

-to-job transition rates - is an important driver of real wages. Intuitively, workers are better placed to move or bargain for increases … in wages, hours or promotions when they have more outside options, namely other employers who want to hire them. I test … markets are associated with higher wages growth, including for those who stay in their jobs. A 1 percentage point increase in …

insurance (UI) on reemployment wages. This paper estimates a positive UI wage effect exploiting an age-based regression … balance between two offsetting forces: UI causes agents to seek higher-wage jobs, but also reduces wages by lengthening … both in our sample and across studies, reconciling disparate wage-effect estimates. Empirically, UI raises wages by …

the quality of the work found by the unemployed. This quality rise, in terms of both wages and duration, can be achieved …

longer than other individuals at the same educational level. Females appear to have lower reservation wages when entering the … labour market (shorter search time and lower wages). They also stay in the first job longer than males do. The search …

We exploit a spatial discontinuity in the wages paid by the United Kingdom's National Health Service to examine how … wages affect the duration of time a vacancy is advertised. NHS workers in inner London are mandated by law to be paid an … duration with respect to wages of -6.3. This number is larger than reported by previous studies and suggests that firms can …