Solution-Spells of unemployment lengthen

Spells of unemployment lengthen

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Reference no: EM131770640

Recent empirical evidence suggests that unemployed workers' reservation wages decline as their spells of unemployment lengthen. That is, the longer they have been unemployed, the lower their reservation wage becomes. Why might this be true?

Reference no: EM131770640

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Spells of unemployment lengthen : That is, the longer they have been unemployed, the lower their reservation wage becomes. Why might this be true?

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Spells of unemployment lengthen

Reference no: EM131770640

Reference no: EM131770640

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