Reservationslöhne und Arbeitslosigkeitsdauer/ Reservation Wages and Unemployment Duration

Christensen Björn ()
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Christensen Björn: Institut für Weltwirtschaft an der Universität Kiel, D-24105 Kiel, Germany

Journal of Economics and Statistics (Jahrbuecher fuer Nationaloekonomie und Statistik), 2005, vol. 225, issue 3, 47-68

Abstract: Based on the GSOEP (2000) for Western Germany, the paper deals with the influence of reported reservation wages on unemployment duration. The selectivity in the reservation wage observations due to only one interview per year in the GSOEP is included in the model by Heckman-correction, and the possibility of censored spells is accounted for by a Hazard-rate analysis with semiparametric unobserved heterogeneity. The results show that only by correction for the selectivity bias the theoretically expected positive effect of reservation wages on the unemployment duration can be found; it then occurs at a considerable level.

Keywords: Unemployment duration; reservation wages; selectivity; search theory; Arbeitslosigkeitsdauer; Reservationslöhne; Selektivität; Suchtheorie; Unemployment duration; reservation wages; selectivity; search theory (search for similar items in EconPapers)
Date: 2005
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Citations: View citations in EconPapers (3)

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Persistent link: https://EconPapers.repec.org/RePEc:jns:jbstat:v:225:y:2005:i:3:p:303-324

DOI: 10.1515/jbnst-2005-0305

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