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This paper provides evidence on the behavior of reservation wages over the spell of unemployment using high … to 24 weeks, we find that self‐reported reservation wages decline at a modest rate over the spell of unemployment, with … point estimates ranging from 0.05 to 0.14 percent per week of unemployment. The decline in reservation wages is driven …
Persistent link: https://www.econbiz.de/10010246658
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unemployment will always have a voluntary component. Accumulated wealth in a family tends to increase the opportunity cost of job … search, more so in a world where job status is socially important. Thus prosperity and unemployment may go hand in hand … independent of the standard income effect. The paper shows that measured unemployment always may have a voluntary component. In …
Persistent link: https://www.econbiz.de/10013368629
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outcomes deteriorated as full-time employment population ratios fell, particularly among males; unemployment and welfare use …
Persistent link: https://www.econbiz.de/10010267538
disposal is consistent with the official LFS youth unemployment rate increased by a reasonable estimate of the number of …
Persistent link: https://www.econbiz.de/10010269439
Central and Southern Europe? This is the question addressed in this paper. Youth unemployment has approached or exceeded 20 …
Persistent link: https://www.econbiz.de/10010269456
performance, like unemployment or wage rates, show little departure from recent norms over the first few months of the crisis. The …
Persistent link: https://www.econbiz.de/10012270207
higher flexibility at the onset of the crisis contributed to a reduction in the unemployment rates after the crisis, while a …
Persistent link: https://www.econbiz.de/10012290408
Persistent link: https://www.econbiz.de/10011763166