What Drives Wage Effects of Unemployment Benefits? Evidence from Natural Experiments and Reservation Wage Data

Konferenzbeitrag

How should we interpret wage effects of UI benefits? Policy conclusions are fundamentally different depending on whether the effects mostly operate through unemployment duration or through reservation wages. This paper combines for the first time all three necessary outcomes within the same natural experiments. We find reservation wage effects of about +1% per 20 days of extended potential benefit duration. Interestingly, the importance of the two channels of wage effects is age-dependent.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: Beiträge zur Jahrestagung des Vereins für Socialpolitik 2017: Alternative Geld- und Finanzarchitekturen - Session: Unemployment I ; No. B05-V2

Classification and Topics

• Classification: Wirtschaft ; Unemployment: Models, Duration, Incidence, and Job Search ; Unemployment Insurance; Severance Pay; Plant Closings

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Arni, Patrick
• Event: Veröffentlichung
• (who): ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften, Leibniz-Informationszentrum Wirtschaft
• (where): Kiel, Hamburg
• (when): 2017

Further information

• Handle: http://hdl.handle.net/10419/168154
• Last update: 10.03.2025, 11:44 AM CET