scholarly journals A Contribution to the Empirics of Reservation Wages

2016 ◽  
Vol 8 (1) ◽  
pp. 142-179 ◽  
Author(s):  
Alan B. Krueger ◽  
Andreas I. Mueller
Keyword(s):  
New Jersey ◽  
Longitudinal Data ◽  
Cognitive Dissonance ◽  
Job Search ◽  
High Frequency ◽  
Search Model ◽  
Reservation Wage ◽  
Reservation Wages ◽  
The Relationship ◽  
Job Acceptance

This paper provides evidence on the behavior of reservation wages over the spell of unemployment, using high-frequency longitudinal data on unemployed workers in New Jersey. In comparison to a calibrated job search model, the reservation wage starts out too high and declines too slowly, on average, suggesting that many workers persistently misjudge their prospects or anchor their reservation wage on their previous wage. The longitudinal nature of the data also allows for testing the relationship between job acceptance and the reservation wage, where the reservation wage is measured from a previous interview to avoid bias due to cognitive dissonance. (JEL J22, J31, J64)

scholarly journals Reservation Wages in Canadian Labour Markets

2005 ◽  
Vol 37 (1) ◽  
pp. 65-92 ◽  
Author(s):  
Abrar Hasan ◽  
Surendra Gera
Keyword(s):  
Job Search ◽  
Search Theory ◽  
Labour Markets ◽  
Reservation Wage ◽  
Reservation Wages ◽  
As If

Job search theory has been offered in recent years as one explanation of unemployment. A key element of the theory requires that workers behave as if they operate on a reservation wage strategy. The authors verify this hypothesis.

An Empirical Analysis of Employed and Unemployed Job Search Behavior

ILR Review ◽  
1992 ◽  
Vol 45 (4) ◽  
pp. 738-752 ◽  
Author(s):  
David M. Blau
Keyword(s):  
Standard Model ◽  
Empirical Analysis ◽  
Job Search ◽  
Search Behavior ◽  
Reduced Form ◽  
Reservation Wage ◽  
Job Seekers ◽  
Reservation Wages ◽  
Job Search Behavior ◽  
Reported Data

This paper analyzes the job search activities of employed and unemployed job seekers using self-reported data from a 1980 survey. One novel finding from reduced form equations is that many searchers, both employed and unemployed, rejected at least one offer before accepting a job. The reduced form results are used to estimate reservation wages based on a fairly standard model of job search. Most of the job searchers accepted a job offer with a wage below the estimated reservation wage, suggesting that the model does not fit the data well.

An Empirical Job-Search Model, with a Test of the Constant Reservation-Wage Hypothesis

1979 ◽  
Vol 87 (1) ◽  
pp. 89-107 ◽  
Author(s):  
Nicholas M. Kiefer ◽  
George R. Neumann
Keyword(s):  
Job Search ◽  
Search Model ◽  
Reservation Wage

Reliability of the Minimum Masking Level as Outcome Variable in Tinnitus Clinical Research

2020 ◽  
Vol 29 (3) ◽  
pp. 429-435
Author(s):  
Patricia C. Mancini ◽  
Richard S. Tyler ◽  
Hyung Jin Jun ◽  
Tang-Chuan Wang ◽  
Helena Ji ◽  
...  
Keyword(s):  
Standard Deviation ◽  
High Frequency ◽  
Pearson Correlation ◽  
Correlation Coefficients ◽  
Outcome Variable ◽  
Reliable Estimate ◽  
Moderate Correlation ◽  
Trained Subjects ◽  
The Relationship ◽  
Minimum Intensity

Purpose The minimum masking level (MML) is the minimum intensity of a stimulus required to just totally mask the tinnitus. Treatments aimed at reducing the tinnitus itself should attempt to measure the magnitude of the tinnitus. The objective of this study was to evaluate the reliability of the MML. Method Sample consisted of 59 tinnitus patients who reported stable tinnitus. We obtained MML measures on two visits, separated by about 2–3 weeks. We used two noise types: speech-shaped noise and high-frequency emphasis noise. We also investigated the relationship between the MML and tinnitus loudness estimates and the Tinnitus Handicap Questionnaire (THQ). Results There were differences across the different noise types. The within-session standard deviation averaged across subjects varied between 1.3 and 1.8 dB. Across the two sessions, the Pearson correlation coefficients, range was r = .84. There was a weak relationship between the dB SL MML and loudness, and between the MML and the THQ. A moderate correlation ( r = .44) was found between the THQ and loudness estimates. Conclusions We conclude that the dB SL MML can be a reliable estimate of tinnitus magnitude, with expected standard deviations in trained subjects of about 1.5 dB. It appears that the dB SL MML and loudness estimates are not closely related.

Comparison of In-the-Ear and Over-the-Ear Hearing Aid Fittings

1986 ◽  
Vol 51 (4) ◽  
pp. 362-369 ◽  
Author(s):  
Donna M. Risberg ◽  
Robyn M. Cox
Keyword(s):  
Hearing Aids ◽  
High Frequency ◽  
Comparative Evaluation ◽  
Speech Intelligibility ◽  
Hearing Aid ◽  
Hearing Aid Fitting ◽  
The Difference ◽  
Functional Gain ◽  
The Relationship

A custom in-the-ear (ITE) hearing aid fitting was compared to two over-the-ear (OTE) hearing aid fittings for each of 9 subjects with mild to moderately severe hearing losses. Speech intelligibility via the three instruments was compared using the Speech Intelligibility Rating (SIR) test. The relationship between functional gain and coupler gain was compared for the ITE and the higher rated OTE instruments. The difference in input received at the microphone locations of the two types of hearing aids was measured for 10 different subjects and compared to the functional gain data. It was concluded that (a) for persons with mild to moderately severe hearing losses, appropriately adjusted custom ITE fittings typically yield speech intelligibility that is equal to the better OTE fitting identified in a comparative evaluation; and (b) gain prescriptions for ITE hearing aids should be adjusted to account for the high-frequency emphasis associated with in-the-concha microphone placement.

Paradoxes of reservation wage setting in the Russian labor market. Part I

2016 ◽  
pp. 5-27
Author(s):  
R. Kapeliushnikov ◽  
A. Lukyanova
Keyword(s):  
Labor Market ◽  
Empirical Studies ◽  
Reservation Wage ◽  
Wage Setting ◽  
Reservation Wages ◽  
Monitoring Survey ◽  
Main Determinants ◽  
Subjective Estimates ◽  
Objective Indicators

Using panel data from the Russian Longitudinal Monitoring Survey for 2006-2014, the paper investigates reservation wages setting in the Russian labor market. The sample includes non-employed individuals wishing to get a job (both searchers and non-searchers). The first part of the paper provides a survey of previous empirical studies, describes data and analyzes subjective estimates of reservation wages in comparison with various objective indicators of actual wages. The analysis shows that wage aspirations of the majority of Russian non-employed individuals are overstated. However their wage expectations are rather flexible and decrease rapidly as the search continues that prevents high long-term unemployment. The second part of the paper provides an econometric analysis of main determinants of reservation wage and its impact on probability of re-employment and wages on searchers’ new jobs.

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