RDP 1999-02: Reservations Wages and the Duration of Unemployment
Equation (5)
λ
i
A
i
α
=
exp
(
k
+
X
i
′
β
+
u
i
)
MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaeq4UdW2aaS baaSqaaiaadMgaaeqaaOGaamyqamaaDaaaleaacaWGPbaabaGaeqyS degaaOGaeyypa0JaaeyzaiaabIhacaqGWbWaaeWaaeaacaWGRbGaey 4kaSIaamiwamaaDaaaleaacaWGPbaabaaccaGae8NmGikaaOGaeqOS diMaey4kaSIaamyDamaaBaaaleaacaWGPbaabeaaaOGaayjkaiaawM caaaaa@4BB5@