Reservation wages and working hours for recently unemployed U.S. women

Date

2002

Authors

Gorgens, Jakob (Tue)

Journal Title

Journal ISSN

Volume Title

Publisher

Elsevier

Abstract

This paper estimates a structural model of job search behavior where jobs are characterized by both wages and working hours. Worker heterogeneity is taken into account by including covariates in the job offer distribution and the utility function. The estimates are bias-corrected using a statistical model of measurement error designed to accommodate recent evidence on the empirical distribution of measurement errors. The results suggest that the difference between full time and part time reservation wages vary from - 16% to 31%, depending on the characteristics of the individual. The hypothesis that full and part time reservation wages are identical is rejected.

Description

Keywords

Keywords: Female labor supply; Job search; Measurement error; Reservation wage; Structural modeling

Citation

Source

Labour Economics

Type

Journal article

Book Title

Entity type

Access Statement

License Rights

Restricted until

2037-12-31