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    German missing

    reservation wage

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    Subject

    reservation wage

    [econ.]
    Sources
    An employee might not, wish to continue to work for the firm in period 1 if the wage he is offered is less than the wage other firms would be prepared to offer him or less than his reservation wage for not working at all.
    AuthorCHRIS11 Jun 08, 08:50
    Comment
    #1AuthorThe Dictionary User11 Jun 08, 08:59
     
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