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Federal Reserve Bank of Cleveland: 'Reservation Wages Revisited: Empirics With the Canonical Model'
October 29, 2024
CLEVELAND, Ohio, Oct. 29 (TNSres) -- The Federal Reserve Bank of Cleveland issued the following white paper (No. 24-23) on October 24, 2024, by Steven J. Davis and Pawel M. Krolikowski entitled "Reservation Wages Revisited: Empirics with the Canonical Model."

Here are excerpts:

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Using innovative longitudinal data from a survey of unemployment insurance (UI) recipients, we test several implications of a canonical job search model for reservati . . .

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