Arbeitspapier

Unemployment benefits and reservation wages: key elasticities from a stripped-down job search approach

This paper exploits survey information on reservation wages and data on actual wages from the European Community Household Panel to deduce in the manner of Lancaster and Chesher (1983) additional parameters of a stylized structural search model; specifically, reservation wage and transition/duration elasticities. The informational requirements of this approach are minimal, thereby facilitating comparisons between countries. Further, its policy content is immediate insofar as the impact of unemployment benefit rules and measures increasing the arrival rate of job offers are concerned. These key elasticities are computed for the United Kingdom and eleven other European nations.

Sprache
Englisch

Erschienen in
Series: IZA Discussion Papers ; No. 3357

Klassifikation
Wirtschaft
Unemployment: Models, Duration, Incidence, and Job Search
Thema
Reservation wages
probability of reemployment
accepted wages
unemployment benefits
arrival rate of job offers
wage offer distributions
Arbeitsuche
Anspruchslohn
Elastizität
Arbeitslosenversicherung
Berufliche Integration
Vergleich
EU-Staaten
Großbritannien

Ereignis
Geistige Schöpfung
(wer)
Addison, John T.
Centeno, Mário
Portugal, Pedro
Ereignis
Veröffentlichung
(wer)
Institute for the Study of Labor (IZA)
(wo)
Bonn
(wann)
2008

Handle
Letzte Aktualisierung
10.03.2025, 11:42 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Addison, John T.
  • Centeno, Mário
  • Portugal, Pedro
  • Institute for the Study of Labor (IZA)

Entstanden

  • 2008

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