The reservation wage unemployment duration nexus

Bibliographic Details
Main Author: Addison, John T.
Publication Date: 2013
Other Authors: Machado, José A. F., Portugal, Pedro
Format: Article
Language: eng
Source: Repositórios Científicos de Acesso Aberto de Portugal (RCAAP)
Download full: http://hdl.handle.net/10362/161233
Summary: A thorny problem in identifying the determinants of reservation wages and particularly the role of continued joblessness in their evolution is the simultaneity issue. We deploy a control function approach to the problem that involves conditioning elapsed duration on completed unemployment duration in the reservation wage equation. Our analysis confirms that the use of elapsed duration alone compounds two separate and opposing influences. Only with the inclusion of completed duration is the negative effect of continued joblessness on reservation wages apparent.
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spelling The reservation wage unemployment duration nexusStatistics and ProbabilitySocial Sciences (miscellaneous)Economics and EconometricsStatistics, Probability and UncertaintySDG 8 - Decent Work and Economic GrowthA thorny problem in identifying the determinants of reservation wages and particularly the role of continued joblessness in their evolution is the simultaneity issue. We deploy a control function approach to the problem that involves conditioning elapsed duration on completed unemployment duration in the reservation wage equation. Our analysis confirms that the use of elapsed duration alone compounds two separate and opposing influences. Only with the inclusion of completed duration is the negative effect of continued joblessness on reservation wages apparent.NOVA School of Business and Economics (NOVA SBE)RUNAddison, John T.Machado, José A. F.Portugal, Pedro2023-12-13T22:14:23Z2013-12-012013-12-01T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/article8application/pdfhttp://hdl.handle.net/10362/161233eng0305-9049PURE: 12719735https://doi.org/10.1111/j.1468-0084.2012.00717.xinfo:eu-repo/semantics/openAccessreponame:Repositórios Científicos de Acesso Aberto de Portugal (RCAAP)instname:FCCN, serviços digitais da FCT – Fundação para a Ciência e a Tecnologiainstacron:RCAAP2024-05-22T18:16:38Zoai:run.unl.pt:10362/161233Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireinfo@rcaap.ptopendoar:https://opendoar.ac.uk/repository/71602025-05-28T17:47:29.249362Repositórios Científicos de Acesso Aberto de Portugal (RCAAP) - FCCN, serviços digitais da FCT – Fundação para a Ciência e a Tecnologiafalse
dc.title.none.fl_str_mv The reservation wage unemployment duration nexus
title The reservation wage unemployment duration nexus
spellingShingle The reservation wage unemployment duration nexus
Addison, John T.
Statistics and Probability
Social Sciences (miscellaneous)
Economics and Econometrics
Statistics, Probability and Uncertainty
SDG 8 - Decent Work and Economic Growth
title_short The reservation wage unemployment duration nexus
title_full The reservation wage unemployment duration nexus
title_fullStr The reservation wage unemployment duration nexus
title_full_unstemmed The reservation wage unemployment duration nexus
title_sort The reservation wage unemployment duration nexus
author Addison, John T.
author_facet Addison, John T.
Machado, José A. F.
Portugal, Pedro
author_role author
author2 Machado, José A. F.
Portugal, Pedro
author2_role author
author
dc.contributor.none.fl_str_mv NOVA School of Business and Economics (NOVA SBE)
RUN
dc.contributor.author.fl_str_mv Addison, John T.
Machado, José A. F.
Portugal, Pedro
dc.subject.por.fl_str_mv Statistics and Probability
Social Sciences (miscellaneous)
Economics and Econometrics
Statistics, Probability and Uncertainty
SDG 8 - Decent Work and Economic Growth
topic Statistics and Probability
Social Sciences (miscellaneous)
Economics and Econometrics
Statistics, Probability and Uncertainty
SDG 8 - Decent Work and Economic Growth
description A thorny problem in identifying the determinants of reservation wages and particularly the role of continued joblessness in their evolution is the simultaneity issue. We deploy a control function approach to the problem that involves conditioning elapsed duration on completed unemployment duration in the reservation wage equation. Our analysis confirms that the use of elapsed duration alone compounds two separate and opposing influences. Only with the inclusion of completed duration is the negative effect of continued joblessness on reservation wages apparent.
publishDate 2013
dc.date.none.fl_str_mv 2013-12-01
2013-12-01T00:00:00Z
2023-12-13T22:14:23Z
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
dc.type.driver.fl_str_mv info:eu-repo/semantics/article
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status_str publishedVersion
dc.identifier.uri.fl_str_mv http://hdl.handle.net/10362/161233
url http://hdl.handle.net/10362/161233
dc.language.iso.fl_str_mv eng
language eng
dc.relation.none.fl_str_mv 0305-9049
PURE: 12719735
https://doi.org/10.1111/j.1468-0084.2012.00717.x
dc.rights.driver.fl_str_mv info:eu-repo/semantics/openAccess
eu_rights_str_mv openAccess
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dc.source.none.fl_str_mv reponame:Repositórios Científicos de Acesso Aberto de Portugal (RCAAP)
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instname_str FCCN, serviços digitais da FCT – Fundação para a Ciência e a Tecnologia
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collection Repositórios Científicos de Acesso Aberto de Portugal (RCAAP)
repository.name.fl_str_mv Repositórios Científicos de Acesso Aberto de Portugal (RCAAP) - FCCN, serviços digitais da FCT – Fundação para a Ciência e a Tecnologia
repository.mail.fl_str_mv info@rcaap.pt
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