The effects of unemployment assistance on unemployment exits

被引:0
作者
Kyyra, Tomi [1 ,2 ]
机构
[1] VATT Inst Econ Res, Helsinki, Finland
[2] IZA, Bonn, Germany
关键词
Unemployment assistance; Labor market subsidy; Hazard rate; Unemployment duration; INSURANCE BENEFITS; LIQUIDITY;
D O I
10.1007/s10797-022-09765-7
中图分类号
F [经济];
学科分类号
02 ;
摘要
Many countries have a two-tiered unemployment compensation system that provides earnings-related unemployment insurance for a limited period of time and less generous unemployment assistance thereafter. This study evaluates the effects of a reform in Finland that increased the level of unemployment assistance by 22%. The reform led to a drop of 9% in the unemployment exit hazard, which can be attributed to fewer exits to both employment and inactivity. The implied elasticities suggest that a 10% increase in unemployment assistance reduces the unemployment exit hazard by 4% and the job-finding hazard by 6%. These effects are relatively small compared to the existing evidence on the effects of unemployment insurance benefits.
引用
收藏
页码:1457 / 1480
页数:24
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