, 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 …

among men and women. The two reforms in conjunction are estimated to have increased the expected duration of unemployment … among men but to have decreased the duration of unemployment among women. The overall effect on the duration of unemployment …