01783cas a2200241 a 4500 AALejournalIMF008360 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451842067 1018-5941 BD-DhAAL BD-DhAAL Prasad, Eswar. What Determines the Reservation Wages of Unemployed Workers? : New Evidence From German Micro Data / Eswar Prasad. Washington, D.C. : International Monetary Fund, 2003. 1 online resource (23 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper provides new empirical evidence on the relationship between reservation wages of unemployed workers and macroeconomic factors--including the unemployment rate and generosity of the unemployment compensation system--as well as individual-specific determinants, such as human capital proxies and length of unemployment spell. The longitudinal dataset provides an interesting perspective on how reservation wages change over time and how they correlate with accepted wage offers for workers who move from unemployment to employment. The findings shed light on the disincentive effects of the German tax and transfer system for the employment decisions of unemployed workers at different skill levels. Mode of access: Internet IMF Working Papers; Working Paper ; No. 2003/004 Full text available on IMF http://elibrary.imf.org/view/journals/001/2003/004/001.2003.issue-004-en.xml IMF e-Library