Arbeitspapier

Estimating the Effect of Unemployment Insurance Compensation on the Labor Market Histories of Displaced Workers

In this paper, U.S. data on labor market histories of displaced workers are used to quantify the effect of Unemployment Insurance Compensation (UIC) on both unemployment and employment durations. This results in the first available assessment of the effect that UIC has on the fraction of time spent employed. The estimation procedure simultaneously allows for unobserved heterogeneity, defective risks and sample selection into future spells, and uses alternative assumptions about agents? knowledge of the UIC eligibility rules. Being entitled to UIC shortens workers? employment durations. This negative effect on the fraction of time spent employed could be offset by suspending an extended benefits program in order to shorten unemployment durations.

Sprache
Englisch

Erschienen in
Series: IZA Discussion Papers ; No. 294

Klassifikation
Wirtschaft
Unemployment Insurance; Severance Pay; Plant Closings
Duration Analysis; Optimal Timing Strategies
Labor Turnover; Vacancies; Layoffs
Thema
Employment durations
unemployment insurance
unmeasured heterogeneity
defective risks
sample selection
Arbeitslosenversicherung
Erwerbsverlauf
Betriebszugehörigkeit
Arbeitslosigkeit
Dauer
Arbeitsmobilität
Schätzung
USA

Ereignis
Geistige Schöpfung
(wer)
Jurajda, Štepán
Ereignis
Veröffentlichung
(wer)
Institute for the Study of Labor (IZA)
(wo)
Bonn
(wann)
2001

Handle
Letzte Aktualisierung
10.03.2025, 11:44 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Jurajda, Štepán
  • Institute for the Study of Labor (IZA)

Entstanden

  • 2001

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