scholarly journals Testing for Monotonicity Under Endogeneity - An Application to the Reservation Wage Function

2013 ◽  
Author(s):  
Daniel Gutknecht
2016 ◽  
pp. 5-27
Author(s):  
R. Kapeliushnikov ◽  
A. Lukyanova

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.


Author(s):  
James C. Cox ◽  
Ronald L. Oaxaca
Keyword(s):  

2012 ◽  
Vol 75 (6) ◽  
pp. 980-987 ◽  
Author(s):  
John T. Addison ◽  
José A. F. Machado ◽  
Pedro Portugal

1997 ◽  
Vol 57 (3) ◽  
pp. 353-358 ◽  
Author(s):  
Jin-Tan Liu ◽  
James K Hammitt ◽  
Jin-Long Liu

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