Resource title

Benefit Entitlement and Unemployment Duration: The Role of Policy Endogeneity

Resource image

image for OpenScout resource :: Benefit Entitlement and Unemployment Duration: The Role of Policy Endogeneity

Resource description

The potential duration of benefits is generally viewed as an important determinant of unemployment duration. This paper evaluates a unique policy change that prolonged entitlement to regular unemployment benefits from 30 weeks to a maximum of 209 weeks for elderly individuals in certain regions of Austria. In the evaluation, we explicitly account for the fact that the program was an endogenous policy response to a crisis affecting individuals with severe labor market problems. The main results are: (i) REBP reduced the transition rate to jobs by 17 %; (ii) accounting for endogenous policy adoption is important and quantitatively significant.

Resource author

Rafael Lalive, Josef Zweim├╝ller

Resource publisher

Resource publish date

Resource language

eng

Resource content type

text/html

Resource resource URL

http://hdl.handle.net/10419/21448

Resource license

Adapt according to the presented license agreement and reference the original author.