The Determinants of Reservation Wages in Germany Does a Motivation Gap Exist
The Determinants of Reservation Wages in Germany Does a Motivation Gap Exist
复制标题
德国保留工资的决定因素是否存在动机差距
DOI:
--
复制
发表时间:
2001
期刊:
影响因子:
--
通讯作者:
Björn Christensen
中科院分区:
文献类型:
--
作者:
Björn Christensen
This paper investigates the reservation wages of unemployed persons on the basis of a job-search model with non-static reservation wages using panel data from Germany from 1987 to 1998. The results suggest that reservation wages are relatively high in Germany compared to other countries. Furthermore, pooled regression results show that most recent wages and personal characteristics of the unemployed are the most important determinants of reservation wages. In contrast neither unemployment duration nor different kinds of unemployment benefits influence reservation wages. Hence the findings corroborate the hypothesis that unemployed persons are not subject to strong financial pressure and thus have no significant motivation to find a new job.