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made a series of choices between hypothetical jobs that di ered in wages, commuting time, schedule exibility, job security …
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This paper discusses the interrelations among wealth, reservation wages and search effort. A theoretical job search … model predicts wealth to affect reservation wages positively, and search effort negatively. Moreover, the model shows that … reservation wages have a negative effect on search effort, thereby also predicting an indirect negative effect of wealth on search …
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Using cross-country data, we investigate the determinants of reservation wages and their course over the jobless spell …. Higher unemployment benefits lead to higher reservation wages. Further, again consistent with the basic search model …, repeated observations on the same individual provide scant evidence of declining reservation wages …
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among unemployed people in the South of Italy, despite persistent unemployment in this area, has so far strengthened the … wage distribution we show that: (i) the South-North gap in monthly reservation wages is generally not significant once full …
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