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Key Elasticities in Job Search Theory: International Evidence
John Addison (),
Mário Centeno () and
Pedro Portugal
No 1314, IZA Discussion Papers from Institute for the Study of Labor (IZA)
Abstract:
This paper exploits the informational value of search theory, after Lancaster and Chesher (1983), in conjunction with survey data on the unemployed to calculate key reservation wage and duration elasticities for most EU-15 nations.
Keywords: reservation wages ; probability of reemployment ; accepted wages ; unemployment benefits ; Pareto wage offer distribution (search for similar items in EconPapers)
JEL-codes: J64 J65 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-ltv
Date: 2004-09
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