The prediction of the job search theory that there is a negative correlation between reservation wage and the re-employment probability is tested. It is found that the unemployed who find a job are a self-selecting group of individuals with a relatively low reservation wage. © 1990.
CITATION STYLE
Groot, W. (1990). Further evidence on the job search theory. Economics Letters, 34(4), 387–391. https://doi.org/10.1016/0165-1765(90)90150-Y
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