@techreport{Addison2004Reservation,
abstract = {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.},
author = {John T. Addison and M\'{a}rio Centeno and Pedro Portugal},
copyright = {http://www.econstor.eu/dspace/Nutzungsbedingungen},
keywords = {J64; J65; 330; reservation wages; job offer arrival rates; unemployment duration; reemployment wages; Anspruchslohn; Arbeitsangebot; Arbeitsuche; Arbeitslosigkeit; EU-Staaten},
language = {eng},
number = {1252},
title = {Reservation Wages, Search Duration, and Accepted Wages in Europe},
type = {IZA Discussion paper series},
url = {http://hdl.handle.net/10419/20516},
year = {2004}
}
