Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/265980 
Erscheinungsjahr: 
2022
Schriftenreihe/Nr.: 
CESifo Working Paper No. 9945
Verlag: 
Center for Economic Studies and ifo Institute (CESifo), Munich
Zusammenfassung: 
Occupational prestige or job status may induce people to remain unemployed even when jobs are available. Thus measured unemployment will always have a voluntary component. Accumulated wealth in a family tends to increase the opportunity cost of job search, more so in a world where job status is socially important. Thus prosperity and unemployment may go hand in hand independent of the standard income effect. The paper shows that measured unemployment always may have a voluntary component. In fact an increase in reservation wage increases voluntary unemployment. However, the impact on the level in involuntary unemployment of such an increase cannot be easily predicted.
Schlagwörter: 
occupational prestige
reservation wage
ability to work
unemployment
JEL: 
J24
J28
J33
Dokumentart: 
Working Paper
Erscheint in der Sammlung:

Datei(en):
Datei
Größe





Publikationen in EconStor sind urheberrechtlich geschützt.