Arbeitspapier
The reservation wage unemployment duration nexus
A thorny problem in identifying the determinants of reservation wages and particularly the role of continued joblessness in their evolution is the simultaneity issue. We deploy a natural control function approach to the problem that involves conditioning elapsed duration on completed unemployment duration in the reservation wage equation. Our analysis confirms that the use of elapsed duration alone compounds two separate and opposing influences. Only with the inclusion of completed duration is the negative effect of continued joblessness on reservation wages apparent. For its part, the completed duration coefficient suggests that higher reservation wages negatively influence the probability of exiting unemployment.
- Sprache
-
Englisch
- Erschienen in
-
Series: IZA Discussion Papers ; No. 5077
- Klassifikation
-
Wirtschaft
Unemployment: Models, Duration, Incidence, and Job Search
Unemployment Insurance; Severance Pay; Plant Closings
- Thema
-
reservation wages
unemployment duration
control function
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Addison, John T.
Machado, José A. F.
Portugal, Pedro
- Ereignis
-
Veröffentlichung
- (wer)
-
Institute for the Study of Labor (IZA)
- (wo)
-
Bonn
- (wann)
-
2010
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:43 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Addison, John T.
- Machado, José A. F.
- Portugal, Pedro
- Institute for the Study of Labor (IZA)
Entstanden
- 2010
Ähnliche Objekte (12)
Unemployment Duration: Competing and Defective Risks
Reservation Wages, Search Duration, and Accepted Wages in Europe
How does the unemployment insurance system shape the time profile of jobless duration?
The reservation wage unemployment duration nexus
Unemployment benefits and reservation wages: key elasticities from a stripped-down job search approach
Six ways to leave unemployment
How do different entitlements to unemployment benefits affect the transitions from unemployment into employment?
Do reservation wages really decline? Some international evidence on the determinants of reservation wages
Do Reservation Wages Really Decline? Some International Evidence on the Determinants of Reservation Wages
Minimum wages, labor market institutions, and female employment and unemployment: A cross-country analysis
The consequences of trade union power erosion
The consequences of trade union power erosion
Unemployment Duration: Competing and Defective Risks
Reservation Wages, Search Duration, and Accepted Wages in Europe
How does the unemployment insurance system shape the time profile of jobless duration?
The reservation wage unemployment duration nexus
Unemployment benefits and reservation wages: key elasticities from a stripped-down job search approach
Six ways to leave unemployment
How do different entitlements to unemployment benefits affect the transitions from unemployment into employment?
Do reservation wages really decline? Some international evidence on the determinants of reservation wages
Do Reservation Wages Really Decline? Some International Evidence on the Determinants of Reservation Wages
Minimum wages, labor market institutions, and female employment and unemployment: A cross-country analysis
The consequences of trade union power erosion
The consequences of trade union power erosion
Unemployment Duration: Competing and Defective Risks
Reservation Wages, Search Duration, and Accepted Wages in Europe
How does the unemployment insurance system shape the time profile of jobless duration?
The reservation wage unemployment duration nexus
Unemployment benefits and reservation wages: key elasticities from a stripped-down job search approach
Six ways to leave unemployment
How do different entitlements to unemployment benefits affect the transitions from unemployment into employment?
Do reservation wages really decline? Some international evidence on the determinants of reservation wages
Do Reservation Wages Really Decline? Some International Evidence on the Determinants of Reservation Wages
Minimum wages, labor market institutions, and female employment and unemployment: A cross-country analysis
The consequences of trade union power erosion