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| dc.contributor.author | Hogan, Vincent (Vincent Peter) | |
| dc.date.accessioned | 2009-03-06T15:13:06Z | |
| dc.date.available | 2009-03-06T15:13:06Z | |
| dc.date.copyright | UCD School of Economics 2003 | en |
| dc.date.issued | 2003-04 | |
| dc.identifier.uri | http://hdl.handle.net/10197/935 | |
| dc.description.abstract | 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 consider what this implies for the evolution of the natural rate of unemployment. We find that previous wages have a signiÞcant but relatively small effect on reservation wages (an elasticity between 0.15 and 0.47). We also find considerable differences across genders with previous wages being more important for men and market wages being more important for women. Overall our results suggest that unemployment will adjust relatively quickly to shocks. | en |
| dc.format.extent | 291090 bytes | |
| dc.format.mimetype | application/pdf | |
| dc.language.iso | en | en |
| dc.publisher | University College Dublin. School of Economics | en |
| dc.publisher | University College Dublin. Institute for the Study of Social Change (Geary Institute) | |
| dc.relation.ispartofseries | UCD Centre for Economic Research Working Paper Series | en |
| dc.relation.ispartofseries | WP03/10 | en |
| dc.relation.ispartofseries | ISSC Discussion Paper Series | |
| dc.relation.ispartofseries | 2003/05 | |
| dc.relation.uri | Wage aspirations and unemployment persistence (2004) | en |
| dc.relation.uri | http://hdl.handle.net/10197/64 | en |
| dc.subject | Unemployment duration | en |
| dc.subject | Wages | en |
| dc.subject.classification | J64 | en |
| dc.subject.classification | E24 | en |
| dc.subject.lcsh | Unemployment--Effect of wages on | en |
| dc.subject.lcsh | Wages | en |
| dc.title | Wage aspirations and unemployment persistence | en |
| dc.type | Working Paper | en |
| dc.internal.authorurl | Vincent (Vincent Peter) Hogan (web page) | en |
| dc.internal.authorurl | http://www.ucd.ie/research/people/economics/drvincenthogan/home/ | en |
| dc.internal.authorid | UCD0011 | en |
| dc.internal.availability | Full text available | en |
| dc.internal.webversions | Publisher's version | en |
| dc.internal.webversions | http://www.ucd.ie/economics/research/papers/2003/WP03.10.pdf | en |
| dc.status | Not peer reviewed | en |
| dc.neeo.contributor | Hogan|Vincent (Vincent Peter)|aut|UCD0011 |
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