Reservation wages, market wages and unemployment: Analysis of individual level panel data

被引：5
|
作者：
Brown, Sarah [1 ]
Taylor, Karl [1 ]
机构：
[1] Univ Sheffield, Dept Econ, Sheffield S1 4DT, S Yorkshire, England
来源：
ECONOMIC MODELLING | 2011年 / 28卷 / 03期
基金：
英国经济与社会研究理事会;
关键词：
Expected wages; Reservation wages; Unemployment; PROPENSITY-SCORE; JOB SEARCH; BENEFITS; MOBILITY;
D O I：
10.1016/j.econmod.2011.01.009
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
Using individual level panel data, we analyse the divergence between the reservation wages of individuals who are out of work and their predicted market wages, focusing upon identifying the factors that influence the potential divergence. In addition, using propensity score matching techniques, we explore the implications of such divergences for future employment and wages. Our findings suggest that having reservation wages that are high relative to the predicted market wage influence both future employment and future wages. (C) 2011 Elsevier B.V. All rights reserved.
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页码：1317 / 1327
页数：11
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