Brown, S and Taylor, K (2013) Reservation wages, expected wages and unemployment. Economics Letters, 119 (3). 276 - 279.
Abstract
We model unemployment duration, reservation and expected wages simultaneously for individuals not in work, where wage expectations are identified via an exogenous policy shock. The policy shock increased expected wages, which were found to be positively associated with reservation wages.
Metadata
Item Type: | Article |
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Authors/Creators: |
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Copyright, Publisher and Additional Information: | © 2013 Brown & Taylor. This is an Open Access article distributed under the terms of the Creative Commons Attribution Licence (http://creativecommons.org/licenses/by/3.0), which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited. |
Keywords: | Expected wages; Reservation wages; Unemployment duration |
Dates: |
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Institution: | The University of Sheffield |
Academic Units: | The University of Sheffield > Faculty of Social Sciences (Sheffield) > Department of Economics (Sheffield) |
Funding Information: | Funder Grant number ESRC RES-000-22-2004 |
Depositing User: | Symplectic Sheffield |
Date Deposited: | 08 Aug 2013 15:05 |
Last Modified: | 09 Aug 2013 12:45 |
Published Version: | http://www.sciencedirect.com/science/article/pii/S... |
Status: | Published |
Publisher: | Elsevier |
Refereed: | Yes |
Identification Number: | 10.1016/j.econlet.2013.02.035 |
Open Archives Initiative ID (OAI ID): | oai:eprints.whiterose.ac.uk:76201 |