September 2004

IZA DP No. 1314: Key Elasticities in Job Search Theory: International Evidence

John T. Addison, Mario Centeno, Pedro Portugal

published as 'Unemployment Benefits and Reservation Wages: Key Elasticities from a Stripped-Down Job Search Approach' in Economica, 2010, 77 (305), 46-59.

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.

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