Efectos de las políticas pasivas de empleo sobre el esfuerzo en la búsqueda de empleo y los salarios de aceptación

  1. Lorenzo Escot
  2. Kenedy Alva
  3. José Andrés Fernández Cornejo
Revista:
International Review of Economic Policy: Revista Internacional de Política Económica

ISSN: 2695-7035

Año de publicación: 2022

Volumen: 4

Número: 1

Páginas: 81-98

Tipo: Artículo

DOI: 10.7203/IREP.4.1.24849 DIALNET GOOGLE SCHOLAR lock_openAcceso abierto editor

Otras publicaciones en: International Review of Economic Policy: Revista Internacional de Política Económica

Objetivos de desarrollo sostenible

Resumen

In the job search process, the intensity and effort in the search are closely linked to the so-called acceptance wage or reservation wage, i.e., the minimum wage at which the worker will be willing to accept a job. In this paper we analyze the determinantsof the reservation wage of unemployed job seekers. An empirical analysis is carried out to find evidence of the relationship between the reservation wage and the variables that affect the costs of the search process. We test how the time that the worker is unemployed while searching for a job has a negative effect on the reservation wage, but this effect is moderated by the receipt of some unemployment benefit. The data used come from a survey conducted in the Community of Madrid (Spain) in 2013, designed explicitly to study of the job search process during the economic crisis

Referencias bibliográficas

  • Addison, J. T., y Portugal, P. (2002). Job search methods and outcomes. Oxford Economic Papers, 54(3), 505‐533.
  • Alva, K.; Escot , L.; Fernández-Cornejo, J. A., & Cáceres Ruiz, J. I. (2017). Intermediarios del mercado de trabajo y eficacia de los métodos de búsqueda de empleo durante la crisis económica, Cuadernos de Relaciones Laborales, 35(2), 415-442.
  • Arrazola, M., and Hevia, J. de (2016). The Gender Wage Gap in Offered, Observed, and Reservation Wages for Spain, Feminist Economics, 22, 101–128.
  • Axelrad, H., Luski, I., and Malul, M. (2017). Reservation Wages and the Unemployment of Older Workers, J Labor Res , 38, 206–227.
  • Bachmann, R. y Baumgarten, D. (2012): How do the unemployed search for a job? Evidence from the EU labour force survey, IZA Discussion Paper No. 6753.
  • Bentolila, S., García-Pérez, J.I., and Jansen, M. (2017). Are the Spanish Long-Term Unemployed Unemployable? (Universidad Carlos III de Madrid).
  • Blau, D. y Robins, P. (1990). Job search outcomes for the employed and unemployed, Journal of Political Economy, 98, 637-655.
  • Bloemen, H. G., & Stancanelli, E. G. (2001). Individual wealth, reservation wages, and transitions into employment, Journal of Labor Economics, 19(2), 400-439.
  • Bover, O.; Arellano, M.y Bentolila, S. (2002). Unemployment duration, benefit duration, and the business cycle, Economic Journal, 112(479), 223-265.
  • Brown, S., Popli, G., & Sasso, A. (2022). Decomposing the gender reservation wage gap in Italy: A regional perspective, Journal of Regional Science, 62(2), 499-540.
  • Burdett, K. (1978). Employee Search and Quits, American Economic Review, 68, 212-220.
  • Burdett, K. (1979). Search, leisure and individual labour supply, en Lippman, S. y McCall, J. J. (Eds.), Studies in the Economy of Search, North Holland, 157-170.
  • Burdett, K. and Mortensen, D.T. (1998). Wage Differentials, Employer Size, and Unemployment, International Economic Review, 39(2), 257-273.
  • Burdett, K. y Mortensen, D.T. (1980). Search, Layoffs and Labor Market Equilibrium, Journal of Political Economy, 88, 652-672.
  • Cahuc, P., Carcillo, S., and Zylberberg, A. (2014). Labor Economics, MIT Press.
  • Caliendo, M., Lee, W.-S., and Mahlstedt, R. (2017). The gender wage gap and the role of reservation wages: New evidence for unemployed workers, Journal of Economic Behavior & Organization, 136, 161–173.
  • Caliendo, M., Schmidl, R., and Uhlendorff, A. (2011). Social networks, job search methods and reservation wages: evidence for Germany, International Journal of Manpower, 32, 796–824.
  • Card, D., Chetty, R., Weber, A. (2007). The spike at benefit exhaustion: leaving the unemployment system or starting a new job? American Economic Revew, 97, 113–118.
  • Carrillo-Tudela, Carlos; Smith, Eric (2017). Search capital, Review of Economic Dynamics, 23, 191-211.
  • Christensen, B. (2001). The Determinants of Reservation Wages in Germany Does a Motivation Gap Exist? Kiel Institute for the World Economy (IfW).
  • Classen, K. P. (1979). Unemployment Insurance and Job Search, en Lippman, S.A. y McCall, J.J. (eds): Studies in the Economics of Search, North-Holland Publishing Company, NY.
  • Cortés, P., Pan, J., Pilossoph, L., & Zafar, B. (2021). Gender differences in job search and the earnings gap: Evidence from business majors, National Bureau of Economic Research, w28820.
  • Devine, T.J. y Kiefer, N.M. (1991). Empirical labor economics: The search approach. Oxford University Press, Oxford.
  • Duran Peralta, J. (2005). Determinantes del salario de reserva en el mercado laboral de Cali en el año 2004, Universidad del Valle – CIDSE.
  • Ehrenberg, R.G. y Oaxaca, R.L. (1976). Unemployment Insurance, Duration of Unemployment and Subsequent Wage Gain, American Economic Review, 66, 754-766.
  • Escot, L., and Fernández Cornejo, J.A. (2013). Panorama Laboral 2013. Encuesta sobre métodos de búsqueda de empleo en la Comunidad de Madrid 2013.
  • Faberman, R. J., and Ismail, A. H. (2020). How do unemployment benefits relate to job search behavior? Chicago Fed Letter, 441, 1-6.
  • Feldstein, M., and Poterba, J. (1984). Unemployment insurance and reservation wages, Journal of Public Economics, 23, 141–167.
  • Fishe, R. P. (1982). Unemployment insurance and the reservation wage of the unemployed, The Review of Economics and Statistics, 12-17.
  • Fu, J., Sefton, M., and Upward, R. (2017). Social comparisons in job search: experimental evidence. Centre for Decision Research and Experimental Economics.
  • Garín, J., and Lester, R. (2019). The Opportunity Cost(s) of Employment and Search Intensity, Macroeconomic Dynamics, 23, 216–239.
  • Gronau, R. (1971). Information and Frictional Unemployment, The American Economic Review, 61, 290–301.
  • Guell, M. y Hu, L. (2006). Estimating the probability of leaving unemployment using uncompleted spells from repeated cross-section data, Journal of Econometrics, 133(1), 307-341.
  • Heckman, J.J. (1979). Sample Selection Bias as a Specification Error, Econometrica, 47, 153–161.
  • Holzer, H. J. (1986). Reservation wages and their labor market effects for black and white male youth, Journal of Human Resources, 157-177.
  • Holzer, H.J. (1988). Search Method Use by Unemployed Youth, Journal of Labor Economics, 6, 1–20.
  • Horvath G (2022). Alleviating behavioral biases at job search: Do nudges work? PLOS ONE 17(4): e0266105.
  • Jones, S.R.G. (1989). Reservation Wages and the Cost of Unemployment, Economica, 56, 225–246.
  • Kasper, H. (1967). The Asking Price of Labor and the Duration of Unempleoyment, Review of Economics and Statistics, 49, 165-172.
  • Katz, A. (ed.)(1977). The Economics of Unemployment Insurance: A Symposium, Industrial & Labor Relations Review, 30, July, 1977.
  • Kavkler, A., Danacica, D.-E., Babucea, A.G., Bicanic, I., Bohm, B., Tevdovski, D., Tosevska, K., and Borsic, D. (2009). Cox Regression Models for Unemployment Duration in Romania, Austria, Slovenia, Croatia, and Macedonia, Journal for Economic Forecasting, 6, 81–104.
  • Kesternich, I., Schumacher, H., Siflinger, B., & Valder, F. (2022). Reservation wages and labor supply, Journal of Economic Behavior & Organization, 194, 583-607.
  • Khan, B. M., & Majid, M. F. (2020). A note on the gender reservation wage gap in developing countries, Scottish Journal of Political Economy, 67(5), 462-468.
  • Krueger, A.B., and Mueller, A.I. (2010). Job search and unemployment insurance: New evidence from time use data, Journal of Public Economics, 94 (3-4), 298-307.
  • Krueger, A.B., and Mueller, A.I. (2011). Job search, emotional well-being and job finding in a period of mass unemployment: Evidence from high-frequency longitudinal data, Brokings Papers on Economic Activity, 42(1), 1-81
  • Krueger, A.B., and Mueller, A.I. (2016). A Contribution to the Empirics of Reservation Wages, American Economic Journal: Economic Policy, 8(1), 142–179.
  • Lancaster, T. (1979). Econometric models for the duration of unemployment, Econometrica, 47(4), 939-956.
  • Le Barbanchon, T. (2016). The effect of the potential benefit duration of unemployment benefits on unemployment exits to work and match quality in France, Labour Economic, 16–29.
  • Le Barbanchon, T., Rathelot, R., & Roulet, A. (2019). Unemployment insurance and reservation wages: Evidence from administrative data, Journal of Public Economics, 171, 1-17.
  • Le Barbanchon, T., Rathelot, R., & Roulet, A. (2021). Gender differences in job search: Trading off commute against wage, The Quarterly Journal of Economics, 136(1), 381-426.
  • Lichter, A., & Schiprowski, A. (2021). Benefit duration, job search behavior and re-employment, Journal of Public Economics, 193, 104326.
  • Longhi, S y Taylor, M (2010). Differences in employment histories between employed and unemployed job seekers, Institute for Social and Economic Research (ISER), Working Paper Series, num 2010-32.
  • Longhi, S. y Taylor, M. (2011a). Employed and unemployed job seekers: Are they substitutes?, IZA Discussion Papers, No. 5827.
  • Longhi, S. y Taylor, M. (2011b). Explaining differences in job search outcomes between employed and unemployed job seekers, IZA Discussion Paper, No. 5860
  • Lynch, L. M. (1983). Job search and youth unemployment, Oxford Economic Papers, 35, 271-282.
  • Mattila, J.P.(1974). Job Quitting and Frictional Unemployment, American Economic Review, 64, 235-240.
  • Marinescu, I., & Skandalis, D. (2021). Unemployment insurance and job search behavior, The Quarterly Journal of Economics, 136(2), 887-931.
  • McCall, J.J. (1970). Economics of Information and Job Search, The Quarterly Journal of Economics, 84, 113–126.
  • Mortensen, D.T. (1970). Job Search, the Duration of Unemployment, and the Phillips Curve, American Economic Review, 60, 847–862.
  • Mortensen, D.T. (1986). Job search and labor market analysis, in Handbook of Labor Economics, 2, O.C.A. and R. Layard, ed. (Elsevier), 849–919.
  • Nekoei, A., Weber, A. (2017). Does extending unemployment benefits improve job quality?, American Economic Review, 107, 527–561
  • Petrongolo, B. y Pissarides, C.A. (2001). Looking into the black box: A survey of the matching function, Journal of Economic Literature, 39(2), 390-431.
  • Schmieder, J.F., von Wachter, T. (2016). The effects of unemployment insurance: new evidence and interpretation, Annu. Rev. Econ.
  • Schmieder, J.F., von Wachter, T., Bender, S. (2012). The long-term effects of UI extensions on employment, American Economic Review, 102, 514–519.
  • Schmieder, J.F., von Wachter, T., Bender, S. (2016). The effect of unemployment benefits and nonemployment durations on wages, American Economic Review, 106, 739–777.
  • Shimer, R., & Werning, I. (2007). Reservation wages and unemployment insurance, The Quarterly Journal of Economics, 122(3), 1145-1185.
  • Shimer, R. (2008). The probability of finding a Job, American Economic Review, 98(2), 268-273.
  • Sørensen, K.L. (2017). Active labour market programmes and reservation wages: it is a hazard, Applied Economics Letters, 24, 589–593.
  • Stevenson, B. (2009). The Internet and Job Search, in David Autor (ed.), Labor Market Intermediation, University of Chicago Press, 2009.
  • Stigler, G.J. (1961). The Economics of Information, Journal of Political Economy, 69, 213–225.
  • Stigler, G.J. (1962). Information in the Labor Market, Journal of Political Economy, 70, 94-104.
  • Van den Berg, G. J. (1990). Nonstationarity in job search theory, The review of economic studies, 57(2), 255-277.
  • Weber, A., and Mahringer, H. (2008). Choice and success of job search methods, Empirical Economics, 35, 153.
Fuente de los datos: Dialnet