Losing Prospective Entitlement to Unemployment Benefits. Impact on Educational Attainment

Arbeitspapier

Providing income support to unemployed education-leavers reduces the returns to investments in education because it makes the consequences of unemployment less severe. We evaluate a two-part policy reform in Belgium to study whether conditioning the prospective entitlement to unemployment benefits for education-leavers on age or schooling attainment can affect educational achievements. The results show that the prospect of financial loss in case of unemployment can significantly raise degree completion and reduce dropout in higher education, but not in high school. We argue that the higher prevalence of behavioral biases among lower educated and younger students could explain these contrasting findings.

Angaben zum Objekt

• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Series: GLO Discussion Paper ; No. 1154

Klassifikation und Themen

• Klassifikation: Wirtschaft ; National Government Expenditures and Education ; Analysis of Education ; Returns to Education ; Education: Government Policy ; Labor Economics Policies ; Demographic Economics: Public Policy ; Human Capital; Skills; Occupational Choice; Labor Productivity ; Unemployment Insurance; Severance Pay; Plant Closings ; Mobility, Unemployment, and Vacancies: Public Policy
• Thema: unemployment insurance ; conditionality ; degree completion ; school dropout ; behavioral biases

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Cockx, Bart ; Declercq, Koen ; Dejemeppe, Muriel
• Ereignis: Veröffentlichung
• (wer): Global Labor Organization (GLO)
• (wo): Essen
• (wann): 2022

Weitere Informationen

• Handle: http://hdl.handle.net/10419/263213
• Letzte Aktualisierung: 10.03.2025, 11:43 MEZ