Arbeitspapier
Strategic unemployment
We propose a dynamic model that explains why individuals may be reluctant to pick up work although the wage is above their reservation wage. Accepting low paid work will put them in an adverse position in future wage bargaining, as employers could infer the individual's low reservation wage from his working history. Employers will exploit their knowledge offering low wages to this individual unemployment to signal a high reservation wage.
- Sprache
-
Englisch
- Erschienen in
-
Series: Wirtschaftstheoretische Diskussionsbeiträge ; No. 06-02
- Klassifikation
-
Wirtschaft
Asymmetric and Private Information; Mechanism Design
Wages, Compensation, and Labor Costs: General
Unemployment: Models, Duration, Incidence, and Job Search
- Thema
-
strategic unemployment
asymmetric information
wage bargaining
minimum wage
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Angerhausen, Julia
Bayer, Christian
Hehenkamp, Burkhard
- Ereignis
-
Veröffentlichung
- (wer)
-
Universität Dortmund, Wirtschafts- und Sozialwissenschaftliche Fakultät
- (wo)
-
Dortmund
- (wann)
-
2006
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:42 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Angerhausen, Julia
- Bayer, Christian
- Hehenkamp, Burkhard
- Universität Dortmund, Wirtschafts- und Sozialwissenschaftliche Fakultät
Entstanden
- 2006
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