Bogoliubovs theory states that self-interaction effects in Bose-Einstein condensates produce a characteristic linear dispersion at low momenta. One of the curious features of Bogoliubovs theory is that the new quasiparticles in the system are linear combinations of creation and destruction operators of the bosons. In exciton-polariton condensates, this gives the possibility of directly observing the negative branch of the Bogoliubov dispersion in the photoluminescence (PL) emission. Here we theoretically examine the PL spectra of exciton-polariton condensates taking into account of reservoir effects. At sufficiently high excitation densities, the negative dispersion becomes visible. We also discuss the possibility for relaxation oscillations to occur under conditions of strong reservoir coupling. This is found to give a secondary mechanism for making the negative branch visible.