Unemployment Benefits and Reservation Wages: Key Elasticities from a Stripped-Down Job Search Approach

被引:8
作者
Addison, John T. [1 ,2 ]
Centeno, Mario [3 ,5 ]
Portugal, Pedro [4 ,5 ]
机构
[1] Queens Univ Belfast, Belfast BT7 1NN, Antrim, North Ireland
[2] Univ S Carolina, Columbia, SC 29208 USA
[3] Univ Tecn Lisboa, P-1100 Lisbon, Portugal
[4] Univ Nova Lisboa, P-1200 Lisbon, Portugal
[5] Banco Portugal, Lisbon, Portugal
关键词
D O I
10.1111/j.1468-0335.2008.00725.x
中图分类号
F [经济];
学科分类号
02 ;
摘要
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, 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 in so far 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 11 other European nations.
引用
收藏
页码:46 / 59
页数:14
相关论文
共 7 条
[1]  
ADDISON JT, 2004, 1252 IZA BONN I STUD
[2]  
Cahuc P., 2004, Labor economics
[3]  
Devine T.J., 1991, Empirical labor economics: The search approach
[4]  
*EUROSTAT, 1999, EUR COMM HOUS PAN LO
[5]   AN ECONOMETRIC-ANALYSIS OF RESERVATION WAGES [J].
LANCASTER, T ;
CHESHER, A .
ECONOMETRICA, 1983, 51 (06) :1661-1676
[6]   JOB SEARCH AND YOUTH UNEMPLOYMENT [J].
LYNCH, LM .
OXFORD ECONOMIC PAPERS-NEW SERIES, 1983, 35 :271-282
[7]  
RIDDER G, 1986, UNEMPLOYMENT B UNPUB