Browsing Geary Institute by Subject "Unemployment--Effect of wages on"

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Browsing Geary Institute by Subject "Unemployment--Effect of wages on"

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  • Hogan, Vincent (Vincent Peter) (University College Dublin. School of EconomicsUniversity College Dublin. Institute for the Study of Social Change (Geary Institute), 2003-04)
    The reservation wage is an integral part of most theories of involuntary unemployment. We use panel data to examine the empirical determinants of the reservation wage - in particular the influence of previous wages - and ...
  • We use panel data to examine the empirical determinants of the reservation wage– in particular the influence of previous wages– and consider what this implies for the evolution of the natural rate of unemployment. We ...

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