Abstract
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.
| Original language | English |
|---|---|
| Pages (from-to) | 1-8 |
| Number of pages | 8 |
| Journal | Journal Of Labor Research |
| Volume | 30 |
| Issue number | 1 |
| DOIs | |
| Publication status | Published - Mar 2009 |
UN SDGs
This output contributes to the following UN Sustainable Development Goals (SDGs)
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SDG 8 Decent Work and Economic Growth
Keywords
- Reservation wages
- Probability of reemployment
- Unemployment benefits
- Arrival rate of job offers
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