Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5059766 | Economics Letters | 2013 | 4 Pages |
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.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Sarah Brown, Karl Taylor,