This paper investigates the reservation wages of unemployed persons on the basis of a job-search model with non …-static reservation wages using panel data from Germany from 1987 to 1998. The results suggest that reservation wages are relatively high … in Germany compared to other countries. Furthermore, pooled regression results show that most recent wages and personal …

This paper studies the reservation wages of unemployed persons and the wages offered them in Germany from 1987 to 1998 … 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 …

of couples' commuting, wages, labor supply, and consumption. Using data from the PSID for the years 2011-2019, results … indicate a positive and highly significant correlation between wages and commuting when analyzed cross-sectionally. However …, changes in wages and commuting over an individual's life cycle are not related. Additionally, commuting appears to be …

in reservation wages of approximately 4 percent at the low end of the distribution. The shifts in reservation wages and … observed wages due to the minimum wage reform are comparable in their magnitude. Additional results show that German citizens … adjust their reservation wages more than immigrants. Moreover, suggestive evidence points to a compensation mechanism in …

labor market states. In steady-state, we hence have a theory of equilibrium unemployment determined by both matching … of large flows between employment, unemployment and inactivity. Secondly, it shows that unemployment and aggregate wages … labor force and rises the share of attached workers. Finally, our theory suggests that contrary to two-state models …

rates of older workers and women. The basic rationale is that workers choose non-employed if their reservation wages are … larger than the offered wages. Whereas the offered wages depend on workers' productivity and firms' decisions, reservation … wages are largely determined by workers' endowments and preferences for leisure. To shed some empirical light on this issue …

rates of older workers and women. The basic rationale is that workers choose non-employed if their reservation wages are … larger than the offered wages. Whereas the offered wages depend on workers' productivity and firms' decisions, reservation … wages are largely determined by workers' endowments and preferences for leisure. To shed some empirical light on this issue …