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Survey measures of the reservation wage reflect both the consumption-leisure trade-off and job search concerns (the arrival rate of job offers and the wage distribution). We examine what a survey measure of the reservation wage reveals about labor supply when search concerns are absent. To this...
Persistent link: https://www.econbiz.de/10012831654
of large flows between employment, unemployment and inactivity. Secondly, it shows that unemployment and aggregate wages …
Persistent link: https://www.econbiz.de/10013320711
. 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 …
Persistent link: https://www.econbiz.de/10012478623
of large flows between employment, unemployment and inactivity. Secondly, it shows that unemployment and aggregate wages …
Persistent link: https://www.econbiz.de/10001650586
Persistent link: https://www.econbiz.de/10013261126
Persistent link: https://www.econbiz.de/10013261177
of large flows between employment, unemployment and inactivity. Secondly, it shows that unemployment and aggregate wages …
Persistent link: https://www.econbiz.de/10011405565
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The large research literature in urban labour market analysis is reviewed, with the emphasis ranging from attempts to model aggregate simultaneous interactions between residential and workplace location to more modern econometric work researching individual labour market behaviour. The job...
Persistent link: https://www.econbiz.de/10014023960