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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 …This paper investigates the reservation wages of unemployed persons on the basis of a job-search model with non …
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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 … wages after nine months of unemployment. Thus, the chance that long-term unemployed persons will receive a wage offer that …
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This paper provides new empirical evidence on the relationship between reservation wages of unemployed workers and … macroeconomic factors - including the unemployment rate and generosity of the unemployment compensation system - as well as … individual-specific determinants, such as human capital proxies and length of unemployment spell. The longitudinal dataset …
Persistent link: https://www.econbiz.de/10012783021
This paper provides new empirical evidence on the relationship between reservation wages of unemployed workers and … macroeconomic factors - including aggregate and local unemployment rates, generosity of the unemployment compensation system and … capital, length of unemployment spell and alternative income sources. The longitudinal aspect of the dataset (the German Socio …
Persistent link: https://www.econbiz.de/10013320159
This paper provides new empirical evidence on the relationship between reservation wages of unemployed workers and … macroeconomic factors--including the unemployment rate and generosity of the unemployment compensation system--as well as individual …-specific determinants, such as human capital proxies and length of unemployment spell. The longitudinal dataset provides an interesting …
Persistent link: https://www.econbiz.de/10014403637
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