What Determines the Reservation Wages of Unemployed Workers? New Evidence from German Micro Data
What Determines the Reservation Wages of Unemployed Workers? New Evidence from German Micro Data
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失业工人的保留工资由什么决定？
DOI：
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发表时间：
2003
期刊：
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通讯作者：
E. Prasad
中科院分区：
文献类型：
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作者：
E. Prasad
本文提供了新的经验证据，失业工人的保留工资和宏观经济因素之间的关系-包括总体和当地失业率，慷慨的失业补偿制度和工资结构的特点-以及个人的具体决定因素，包括代理一般和特定的人力资本，失业时间的长度和替代收入来源。数据集（德国社会经济小组）的纵向方面提供了一个有趣的视角，即保留工资如何随时间变化，以及它们如何与从失业过渡到就业的工人接受的工资相关联。研究结果具有重要的政策意义，以及，因为他们揭示了德国的税收和转移制度的劳动力供应和失业工人的就业决定在不同点的技能/报价工资分配的抑制作用。
This paper provides new empirical evidence on the relationship between reservation wages of unemployed workers and macroeconomic factors – including aggregate and local unemployment rates, generosity of the unemployment compensation system and characteristics of the wage structure – as well as individual-specific determinants, including proxies for general and specific human capital, length of unemployment spell and alternative income sources. The longitudinal aspect of the dataset (the German Socio-Economic Panel) provides an interesting perspective on how reservation wages change over time and how they correlate with accepted wage offers for workers who make the transition from unemployment to employment. The findings have important policy implications as well, since they shed some light on the disincentive effects of the German tax and transfer system for the labor supply and employment decisions of unemployed workers at different points of the skill/offer wage distribution.