What Determines the Reservation Wages of Unemployed Workers? : New Evidence From German Micro Data /

This paper provides new empirical evidence on the relationship between reservation wages of unemployed workers and macroeconomic factors--including the unemployment rate and generosity of the unemployment compensation system--as well as individual-specific determinants, such as human capital proxies...

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Bibliographic Details
Main Author: Prasad, Eswar
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2003.
Series:IMF Working Papers; Working Paper ; No. 2003/004
Online Access:Full text available on IMF