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The Impact of Restart on Reservation Wages and Long-Term Unemployment

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  • Dolton, Peter
  • O'Neill, Donal

Abstract

This paper examines the Restart program which consists of an interview of the long term unemployed to counsel them on effective job search. We estimate the elasticities of the reservation wage with respect to the benefit level and the arrival late rate of offers using nonparametric methods based on the optimal job search model for a sample who experience the Restart interview and for an experimental control group who are excluded from the interview. We also analyze the effect of the Restart program on reservation wages and long term unemployment duration via a simultaneous equation model. The results, indicate that the Restart program has no effect on the reservation wages of the long term unemployed. Copyright 1995 by Blackwell Publishing Ltd

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Bibliographic Info

Article provided by Department of Economics, University of Oxford in its journal Oxford Bulletin of Economics & Statistics.

Volume (Year): 57 (1995)
Issue (Month): 4 (November)
Pages: 451-70

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Handle: RePEc:bla:obuest:v:57:y:1995:i:4:p:451-70

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Cited by:
  1. Deborah A. Cobb-Clark & Andrew Leigh, 2009. "Long-Term Unemployment in the ACT," CEPR Discussion Papers 603, Centre for Economic Policy Research, Research School of Economics, Australian National University.
  2. van den Berg, Gerard J. & Lindeboom, Maarten & Dolton, Peter, 2004. "Survey Non-Response and Unemployment Duration," IZA Discussion Papers 1303, Institute for the Study of Labor (IZA).
  3. Peter Dolton; & Donal O'Neill, 1997. "The Long-Run Effects of Unemployment Monitoring and Work-Search Programs: Some Experimental Evidence from the U.K," Economics, Finance and Accounting Department Working Paper Series n710897, Department of Economics, Finance and Accounting, National University of Ireland - Maynooth.
  4. Robert Breunig & Deborah A. Cobb-Clark & Yvonne Dunlop & Marion Terrill, 2003. "Assisting the Long-Term Unemployed: Results from a Randomised Trial," The Economic Record, The Economic Society of Australia, vol. 79(244), pages 84-102, 03.
  5. Alan Manning, 2005. "You can't always get what you want: the impact of the jobseeker's allowance," LSE Research Online Documents on Economics 19886, London School of Economics and Political Science, LSE Library.
  6. Gerard J. van den Berg & Maarten Lindeboom & Peter J. Dolton, 2004. "Survey Non-response and Unemployment Duration," Tinbergen Institute Discussion Papers 04-094/3, Tinbergen Institute.
  7. John Van Reenen, 2004. "Active Labor Market Policies and the British New Deal for the Young Unemployed in Context," NBER Chapters, in: Seeking a Premier Economy: The Economic Effects of British Economic Reforms, 1980-2000, pages 461-496 National Bureau of Economic Research, Inc.
  8. Donal O'Neill, 2000. "Evaluating Labour Market Interventions," Economics, Finance and Accounting Department Working Paper Series n990300, Department of Economics, Finance and Accounting, National University of Ireland - Maynooth.
  9. N�ria Rodríguez-Planas, 2010. "Channels through which Public Employment Services and Small Business Assistance Programmes Work," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 72(4), pages 458-485, 08.

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