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- Title
Do Reservation Wages Really Decline? Some International Evidence on the Determinants of Reservation Wages.
- Authors
Addison, John; Centeno, Mário; Portugal, Pedro
- 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.
- Subjects
RESERVATION wage; JOB offers; EMPLOYMENT reentry; UNEMPLOYMENT insurance; COMPARATIVE management; EFFECT of wages on unemployment; ECONOMICS
- Publication
Journal of Labor Research, 2009, Vol 30, Issue 1, p1
- ISSN
0195-3613
- Publication type
Article
- DOI
10.1007/s12122-008-9057-y