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Do reservation wages really decline? Some international evidence on the determinants of reservation wages

Research output: Contribution to journalArticlepeer-review

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 languageEnglish
Pages (from-to)1-8
Number of pages8
JournalJournal Of Labor Research
Volume30
Issue number1
DOIs
Publication statusPublished - Mar 2009

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

  1. SDG 8 - Decent Work and Economic Growth
    SDG 8 Decent Work and Economic Growth

Keywords

  • Reservation wages
  • Probability of reemployment
  • Unemployment benefits
  • Arrival rate of job offers

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