Translation of "Reservationslohn" into English
reservation wage is the translation of "Reservationslohn" into English.
Reservationslohn
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reservation wage
nounDer Übergangsprozess von Arbeitslosigkeit in Beschäftigung wird vom Reservationslohn und den Suchanstrengungen der Arbeitslosen bestimmt.
The transition process from unemployment to employment is determined by the reservation wage and the search effort of the unemployed worker.
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