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Contribution Details
Type | Journal Article |
Scope | Discipline-based scholarship |
Title | Equilibrium unemployment and the duration of unemployment benefits |
Organization Unit | |
Authors |
|
Item Subtype | Original Work |
Refereed | Yes |
Status | Published in final form |
Language |
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Journal Title | Journal of Population Economics |
Publisher | Springer |
Geographical Reach | international |
ISSN | 0933-1433 |
Volume | 24 |
Number | 4 |
Page Range | 1385 - 1409 |
Date | 2011 |
Abstract Text | 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. |
Digital Object Identifier | 10.1007/s00148-010-0318-8 |
PDF File | Download from ZORA |
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Additional Information | The original publication is available at www.springerlink.com |