Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/34951 
Year of Publication: 
2008
Series/Report no.: 
IZA Discussion Papers No. 3289
Publisher: 
Institute for the Study of Labor (IZA), Bonn
Abstract: 
Using cross-country data, we investigate the determinants of reservation wages and their course over the jobless spell. Higher unemployment benefits lead to higher reservation wages. Further, again consistent with the basic search model, repeated observations on the same individual provide scant evidence of declining reservation wages.
Subjects: 
Reservation wages
probability of reemployment
unemployment benefits
arrival rate of job offers
JEL: 
J64
Document Type: 
Working Paper

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