نتایج جستجو برای: reservation wage

تعداد نتایج: 17794  

Journal: :iranian economic review 0
homa esfahanian department of economics, university of essex, england

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...

Journal: Iranian Economic Review 2016
Homa Esfahanian

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...

2014
Alan B. Krueger Andreas I. Mueller

A Contribution to the Empirics of Reservation Wages This paper provides evidence on the behavior of reservation wages over the spell of unemployment using high‐frequency longitudinal data. Using data from our survey of unemployed workers in New Jersey, where workers were interviewed each week for up to 24 weeks, we find that self‐reported reservation wages decline at a modest rate over the spel...

Journal: :Social security bulletin 2007
Sophie Mitra

There exists a lot of research on the reservation wages of the unemployed as a determinant of unemployment duration. Little is known about the reservation wages of those who are not in the labor force but might be potential labor force returnees, such as Social Security Disability Insurance (DI) beneficiaries. The main objective of this article is to assess what can be learned from the subjecti...

1999
Lones Smith

This paper studies a job search model. Wage offers arrive in a Poisson fashion from a known distribution. Absent the option to quit, or in a stationary world, it is well-known that the reservation wage for an impatient worker is the flow return on the asset ‘being unemployed’. I assume: (1) the worker may hold a job at his leisure, quitting at will; and (2) the wage distribution evolves determi...

2008
Indraneel Dasgupta

‘Living’ Wage, Class Conflict and Ethnic Strife We examine how group-specific differences in reservation wage, arising due to asymmetries in social entitlements, impact on distribution via the joint determination of class conflict between workers and employers, and ‘ethnic’ conflict among workers. We model a twodimensional contest, where two unions, representing different sections of workers, j...

1999
Habib Ahmed Stephen M. Miller

We develop a theoretical model of endogenously determined union density and union membership. A union is formed, continued, or dissolved by majority voting. Given the profitability, production technology, and labor and product market conditions, the union determines the reservation wage that is acceptable to the firm. Based on this reservation wage and other subjective factors, workers vote for...

2009
CHRISTOPHER J. FLINN ANDREW SCHOTTER John Danforth

While widely accepted models of labor market search imply a constant reservation wage policy, the empirical evidence strongly suggests that reservation wages decline in search duration. This paper reports the results of the rst realtime-search laboratory experiment. The controlled environment subjects face is stationary, and the payoff-maximizing reservation wage is constant. Nevertheless, subj...

2009
ARMIN FALK ERNST FEHR CHRISTIAN ZEHNDER

In a laboratory experiment we show that minimum wages have significant and lasting effects on subjects' reservation wages. The temporary introduction of a minimum wage leads to a rise in subjects' reservation wages which persists even after the minimum wage has been removed. Firms are therefore forced to pay higher wages after the removal of the minimum wage than before its introduction. As a c...

2004
Duncan Watson

As a result of increasing competition, European financial intermediaries have had to place an increasing emphasis on reducing total costs. Although expenditure on wages represent a major element of these costs there is a dearth of studies analyzing wage levels in the sector. This paper examines reservation wage levels in the financial services sector by utilizing OLS and stochastic frontier met...

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