Search Results
Title: Reservation Wages and Their Labor Market Effects for Black and White Male Youth
Resulting in 1 citation.
| 1. |
Holzer, Harry J. |
|
Reservation Wages and Their Labor Market Effects for Black and White Male Youth Journal of Human Resources 21,2 (Spring 1986): 157-177. Also: http://www.jstor.org/stable/145795 Cohort(s): NLSY79 Publisher: University of Wisconsin Press Keyword(s): Racial Differences; Self-Reporting; Unemployment Duration; Unemployment, Youth; Wages, Reservation; Wages, Young Men Self-reported reservation wages, the lowest wages considered acceptable, for unemployed young black and white males in one year were used in an empirical analysis to explain wage and employment results in the following year. A set of equations were estimated utilizing data from the 1979 and 1980 panels of the NLSY. In absolute terms, young blacks desired wages comparable to those of young whites but received wages much lower than those of whites. Relative to what blacks obtained in the market, reservation wages were higher for blacks than for whites. The relatively higher reservation wages of young blacks affected their unemployment durations, while the wages they received were influenced somewhat. For young blacks, rising relative reservation wages and their recent wage and employment trends seemed to be related. |
|
|
Bibliography Citation
Holzer, Harry J. "Reservation Wages and Their Labor Market Effects for Black and White Male Youth." Journal of Human Resources 21,2 (Spring 1986): 157-177.
|