The Relation between Unemployment Benefits, the Reservation Wage and Search Duration
Dirk Gorter and
Oxford Bulletin of Economics and Statistics, 1993, vol. 55, issue 2, 199-214
Stationary job search theory is used as a starting point for an empirical analysis of search durations. Data have been derived from the Dutch Socio-economic Panel and cover the period 1985-87. They are particularly interesting since the reservation wage and the conditional expected wage are observed. This makes it possible to analyze the relation between unemployment benefit, reservation wage, and search duration. It appears that other factors, such as gender and educational level, influence duration far more than the benefit and the reservation wage. A close connection is found between benefit and reservation wage (elasticity of 0.3). Copyright 1993 by Blackwell Publishing Ltd
References: Add references at CitEc
Citations: View citations in EconPapers (11) Track citations by RSS feed
There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:bla:obuest:v:55:y:1993:i:2:p:199-214
Ordering information: This journal article can be ordered from
http://www.blackwell ... bs.asp?ref=0305-9049
Access Statistics for this article
Oxford Bulletin of Economics and Statistics is currently edited by Christopher Adam, Anindya Banerjee, Christopher Bowdler, David Hendry, Adriaan Kalwij, John Knight and Jonathan Temple
More articles in Oxford Bulletin of Economics and Statistics from Department of Economics, University of Oxford Contact information at EDIRC.
Bibliographic data for series maintained by Wiley Content Delivery ().