An analysis of reservation wages for the economically inactive
نویسندگان
چکیده
منابع مشابه
On the Reservation Wages and Liquidity Constraint
This paper argues that a risk averse of workers after-tax reservation wage the difference between her reservation wage and the tax needed to fund the unemployment insurance system when liquidity constraint binds exists and it is unique. The optimality of unemployment insurance based on the responsiveness of reservation wage to unemployment benefit shows the disincentive effect, i.e. higher unem...
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Do Reservation Wages Really Decline? Some International Evidence on the Determinants of Reservation Wages 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 ...
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In this paper we consider learning from search as a mechanism to understand the relationship between unemployment duration and search outcomes as a labor market equilibrium. We rely on the assumption that workers do not have precise knowledge of their job finding probabilities and therefore, learn about them from their search histories. Embedding this assumption in a model of the labor market w...
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this paper argues that a risk averse of workers after-tax reservation wage the difference between her reservation wage and the tax needed to fund the unemployment insurance system when liquidity constraint binds exists and it is unique. the optimality of unemployment insurance based on the responsiveness of reservation wage to unemployment benefit shows the disincentive effect, i.e. higher unem...
متن کاملReservation Wages: An Analysis of the Effects of Reservations on Employment of American Indian Men
American Indians have experienced a large degree of difficulty in the labor market. They have lower levels of labor-force participation, higher levels of unemployment and lower wages than the rest of the population, which in turn leads to lower median household income and higher poverty rates. Despite the fact that these economic problems are particularly acute for Indians living on reservation...
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ژورنال
عنوان ژورنال: Economics Letters
سال: 2007
ISSN: 0165-1765
DOI: 10.1016/j.econlet.2007.02.005