Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/20580 
Year of Publication: 
2004
Series/Report no.: 
IZA Discussion Papers No. 1314
Publisher: 
Institute for the Study of Labor (IZA), Bonn
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.
Subjects: 
reservation wages
probability of reemployment
accepted wages
unemployment benefits
Pareto wage offer distribution
JEL: 
J64
J65
Document Type: 
Working Paper

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