The reservation wage curve: evidence from the UK
Institute of Labor Economics, Bonn
IZA - Bonn
2014
7 p.
low wages ; unemployment ; wage policy
Discussion Paper
8519
Wages and wage payment systems
English
Bibliogr.
"We investigate the relationship between an individuals' reservation wage, i.e. the lowest wage acceptable in order to enter into employment, and unemployment in the local area district. Largely unexplored in the literature this adds to the work which has examined the association between employee wages and unemployment – the 'wage curve'."
Digital
The ETUI is co-funded by the European Union. Views and opinions expressed are however those of the author(s) only and do not necessarily reflect those of the European Union or the ETUI.