RDP 1999-02: Reservations Wages and the Duration of Unemployment
Equation (6)
E
(
log
t
i
|
ξ
i
,
X
i
)
=
−
(
c
+
k
)
+
α
log
(
ξ
i
)
−
X
i
′
β
−
E
(
u
i
|
ξ
i
,
X
i
)
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