Search: offer
RBA Glossary definition for offer
offer – Price offered to buyers.
Search Results
Estimation Results
3 Mar 1999
RDP
1999-02
In sum, 72 per cent of job offers made between September 1994 and September 1996 were accepted with another 1.6 per cent rejected for another job offer and 3.9 ... Only 7.5 per cent of job offers were rejected because the job was unsuitable.
https://www.rba.gov.au/publications/rdp/1999/1999-02/estimation-results.html
Conclusions
3 Mar 1999
RDP
1999-02
The key binding constraint on gaining employment is the probability of receiving a job offer. ... One possible explanation for the low job-offer arrival rate is that minimum wages are too high.
https://www.rba.gov.au/publications/rdp/1999/1999-02/conclusions.html
A Structural Model of Unemployment Duration
3 Mar 1999
RDP
1999-02
The reservation wage is determined by equating the expected benefits of accepting an offer with the expected costs of further search and the opportunity cost of forgoing potentially better offers. ... The first step is to make an assumption about the wage
https://www.rba.gov.au/publications/rdp/1999/1999-02/structural-model-of-unemployment-duration.html
Estimation Strategy
3 Mar 1999
RDP
1999-02
These include:. declining job offers because employers use duration as a screening device or because human capital diminishes with time spent out of work;. ... This would be a valid instrument except that it is likely to affect the degree of search
https://www.rba.gov.au/publications/rdp/1999/1999-02/estimation-strategy.html
Reservation Wages and the Duration of Unemployment
1 Jan 1999
RDP
1999-02
Research Discussion Papers contain the results of economic research within the Reserve Bank
https://www.rba.gov.au/publications/rdp/1999/1999-02.html
Introduction
3 Mar 1999
RDP
1999-02
The binding constraint for job seekers is more likely to be that they receive very few job offers.
https://www.rba.gov.au/publications/rdp/1999/1999-02/introduction.html