Black-White Differences in Reservation Wages and Joblessness: A Replication
复制了Holzer关于黑人男性保留工资更高导致失业期更长的研究，使用1979-1986年NLSY数据，发现保留工资存在种族差异，但未能证实其延长失业期，因此不支持保留工资解释种族就业差距的观点。
Examining self-reported reservation wages from the 1979-80 waves of the National Longitudinal Survey of Youth (NLSY), Holzer concludes that 26 to 42 percent of the race difference in the length of jobless spells is due to the higher wages sought by young Black men. This replication uses NLSY reservation wage data from 1979 through 1986. Although I find a Black-White difference in reservation wages, I fail to find a positive effect of these measures on the duration of jobless spells. Thus, evidence from the NLSY does not support the claim that reservation wage differences explain the race employment gap.