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dc.contributor.authorPrasad, Eswar S.en_US
dc.date.accessioned2009-01-28T16:15:38Z-
dc.date.available2009-01-28T16:15:38Z-
dc.date.issued2003en_US
dc.identifier.urihttp://hdl.handle.net/10419/20643-
dc.description.abstractThis paper provides new empirical evidence on the relationship between reservation wages of unemployed workers and macroeconomic factors – including aggregate and local unemployment rates, generosity of the unemployment compensation system and characteristics of the wage structure – as well as individual-specific determinants, including proxies for general and specific human capital, length of unemployment spell and alternative income sources. The longitudinal aspect of the dataset (the German Socio-Economic Panel) provides an interesting perspective on how reservation wages change over time and how they correlate with accepted wage offers for workers who make the transition from unemployment to employment. The findings have important policy implications as well, since they shed some light on the disincentive effects of the German tax and transfer system for the labor supply and employment decisions of unemployed workers at different points of the skill/offer wage distribution.en_US
dc.language.isoengen_US
dc.publisheren_US
dc.relation.ispartofseriesIZA Discussion paper series 694en_US
dc.subject.jelJ3en_US
dc.subject.jelJ6en_US
dc.subject.ddc330en_US
dc.subject.keywordreservation wageen_US
dc.subject.keywordlabor supply disincentivesen_US
dc.subject.keywordoffer wage distributionen_US
dc.subject.keywordunemployment and employment determinantsen_US
dc.subject.stwArbeitslosigkeiten_US
dc.subject.stwLohnen_US
dc.subject.stwAnspruchslohnen_US
dc.subject.stwArbeitsangeboten_US
dc.subject.stwSchätzungen_US
dc.subject.stwDeutschlanden_US
dc.titleWhat Determines the Reservation Wages of Unemployed Workers? New Evidence from German Micro Dataen_US
dc.typeWorking Paperen_US
dc.identifier.ppn362046069en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
Appears in Collections:IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA)

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