an unemployed persona will accept a job offer), the income replacement rate of unemployment benefit (IRUB) and … understanding of search behaviour and unemployment durations. The data also indicate that the roles of search behaviour and …

Wages are only mildly cyclical, implying that shocks to labour demand have a larger short-run impact on unemployment …

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 …

, whereby special focus is placed on unemployment duration. The results of the study indicate that in contrast to reservation … 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 …