Search for Nonwage Job Characteristics: A Test of the Reservation Wage Hypothesis.

A-Tier
Journal: Journal of Labor Economics
Year: 1991
Volume: 9
Issue: 2
Pages: 186-205

Score contribution per author:

4.022 = (α=2.01 / 1 authors) × 2.0x A-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

Previous structural models of job search behavior have been based upon the reservation wage property. This article provides estimates of a more general search model that nests models with the reservation wage property. The estimates lead to rejection of the reservation wage property. The model includes hours of work in the utility function, but other nonwage job characteristics can be included as well. An experiment based on the estimated parameters indicates that a significant proportion of job offers would be mistakenly predicted to be accepted or rejected under the restrictions implied by the reservation wage property. Copyright 1991 by University of Chicago Press.

Technical Details

RePEc Handle
repec:ucp:jlabec:v:9:y:1991:i:2:p:186-205
Journal Field
Labor
Author Count
1
Added to Database
2026-01-24