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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 of Labor Economics (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; Pareto wage offer distribution; unemployment benefits (search for similar items in EconPapers)
JEL-codes: J64 J65 (search for similar items in EconPapers)
Pages: 9 pages
Date: 2004-09
New Economics Papers: this item is included in nep-ltv
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Published as 'Unemployment Benefits and Reservation Wages: Key Elasticities from a Stripped-Down Job Search Approach' in Economica, 2010, 77 (305), 46-59.

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