Key Elasticities in Job Search Theory: International Evidence

9 Pages Posted: 23 Sep 2004

See all articles by John T. Addison

John T. Addison

University of South Carolina - Moore School of Business - Department of Economics; IZA Institute of Labor Economics

Mário Centeno

Bank of Portugal - Research Department; Technical University of Lisbon - ISEG (School of Economis and Management); UECE (Research Unit on Complexity and Economics)

Pedro Portugal

Bank of Portugal - Research Department; New University of Lisbon; IZA Institute of Labor Economics

Date Written: September 2004

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

JEL Classification: J64, J65

Suggested Citation

Addison, John T. and Gomes de Freitas Centeno, Mário José and Portugal, Pedro, Key Elasticities in Job Search Theory: International Evidence (September 2004). IZA Discussion Paper No. 1314. Available at SSRN: https://ssrn.com/abstract=594862

John T. Addison (Contact Author)

University of South Carolina - Moore School of Business - Department of Economics ( email )

The Francis M. Hipp Building
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HOME PAGE: http://mooreschool.sc.edu/moore/economics/profiles/addison.htm

IZA Institute of Labor Economics

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Mário José Gomes de Freitas Centeno

Bank of Portugal - Research Department ( email )

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Lisbon 1150-012
Portugal
351-213130837 (Phone)
351-218132221 (Fax)

Technical University of Lisbon - ISEG (School of Economis and Management)

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Lisboa, 1200-781
Portugal

HOME PAGE: http://www.iseg.utl.pt/docentes/docentes.php?qual=1249

UECE (Research Unit on Complexity and Economics) ( email )

ISEG/UTL, Rua Miguel Lupi 20
Lisboa, 1249-078
Portugal

Pedro Portugal

Bank of Portugal - Research Department ( email )

Av. Almirante Reis 71, 6th
Lisbon 1150-012
Portugal
+351 21 313 0000 (Phone)
+351 21 814 3841 (Fax)

New University of Lisbon

Lisbon, 1099-085
Portugal

IZA Institute of Labor Economics

P.O. Box 7240
Bonn, D-53072
Germany

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