Does the COVID-19 Pandemic Shock Change the Reservation Wage?

2021 ◽  
Author(s):  
Sachiko Kazekami
Keyword(s):  
Reservation Wage

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.

Tests for a Reservation Wage Effect

1992 ◽  
pp. 171-177
Author(s):  
James C. Cox ◽  
Ronald L. Oaxaca
Keyword(s):  
Reservation Wage ◽  
Wage Effect

scholarly journals The Reservation Wage Unemployment Duration Nexus*

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