Item

Equilibrium unemployment and the duration of unemployment benefits

Lalive,R.
; 
van Ours,J.C.
; 
Zweimüller,J.
Abstract
This paper uses microdata to evaluate the impact on the steady-state unemployment rate of an increase in maximum benefit duration. We evaluate a policy change in Austria that extended maximum benefit duration and use this policy change to estimate the causal impact of benefit duration on labor market flows. We find that the policy change leads to a significant increase in the steady-state unemployment rate and, surprisingly, most of this increase is due to an increase in the inflow into rather than the outflow from unemployment.
Description
Appeared earlier as CentER DP 2006-094 (rt)
Date
2011
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Tilburg University Research Output Collection
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Keywords
SDG 8 - Decent Work and Economic Growth
Citation
Lalive, R, van Ours, J C & Zweimüller, J 2011, 'Equilibrium unemployment and the duration of unemployment benefits', Journal of Population Economics, vol. 24, no. 4, pp. 1385-1409. https://doi.org/10.1007/s00148-010-0318-8
URI
https://hdl.handle.net/20.500.14602/53085
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