Reservation wages, expected wages and unemployment

Sarah Brown () and Karl Taylor

Economics Letters, 2013, vol. 119, issue 3, 276-279

Abstract: We model unemployment duration, reservation and expected wages simultaneously for individuals not in work, where wage expectations are identified via an exogenous policy shock. The policy shock increased expected wages, which were found to be positively associated with reservation wages.

Keywords: Expected wages; Reservation wages; Unemployment duration (search for similar items in EconPapers)
JEL-codes: J3 J6 (search for similar items in EconPapers)
Date: 2013
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Citations: View citations in EconPapers (29)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:119:y:2013:i:3:p:276-279

DOI: 10.1016/j.econlet.2013.02.035

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