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Contribution Details
| Type | Working Paper |
| Scope | Discipline-based scholarship |
| Title | Benefit Entitlement and Unemployment Duration: The Role of Policy Endogeneity |
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| Institution | University of Zurich |
| Series Name | Working paper series / Institute for Empirical Research in Economics |
| Number | No. 112 |
| ISSN | 1424-0459 |
| Date | 2002 |
| Abstract Text | "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." |
| Official URL | http://www.econ.uzh.ch/wp.html |
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