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Reservation Wages, Search Duration, and Accepted Wages in Europe

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dc.creator Addison, John T.
dc.creator Centeno, Mário
dc.creator Portugal, Pedro
dc.date 2004
dc.date.accessioned 2013-10-16T07:10:53Z
dc.date.available 2013-10-16T07:10:53Z
dc.date.issued 2013-10-16
dc.identifier http://hdl.handle.net/10419/20516
dc.identifier ppn:395905958
dc.identifier.uri http://koha.mediu.edu.my:8181/xmlui/handle/10419/20516
dc.description This paper uses data from the European Community Household Panel, 1994-99, to investigate the arrival rate of job offers, the determinants of reservation wages, transitions out of unemployment, and accepted wages. In this exploratory treatment, we report that the arrival rate of job offers declines precipitously with jobless duration and age; that reservation wages do decline with the jobless spell (and aggregate unemployment); that transitions out of unemployment exhibit strong negative duration dependence for reasons that have more to do with the arrival rate of job offers than with reservation wages; and that the decline in reemployment wages with joblessness closely shadows the corresponding fall in reservation wages.
dc.language eng
dc.publisher
dc.relation IZA Discussion paper series 1252
dc.rights http://www.econstor.eu/dspace/Nutzungsbedingungen
dc.subject J64
dc.subject J65
dc.subject ddc:330
dc.subject reservation wages
dc.subject job offer arrival rates
dc.subject unemployment duration
dc.subject reemployment wages
dc.subject Anspruchslohn
dc.subject Arbeitsangebot
dc.subject Arbeitsuche
dc.subject Arbeitslosigkeit
dc.subject EU-Staaten
dc.title Reservation Wages, Search Duration, and Accepted Wages in Europe
dc.type doc-type:workingPaper
dc.coverage 1994-1999


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