Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/194378
Year of Publication: 
2017
Citation: 
[Journal:] IZA Journal of Labor Policy [ISSN:] 2193-9004 [Volume:] 6 [Issue:] 3 [Publisher:] Springer [Place:] Heidelberg [Year:] 2017 [Pages:] 1-14
Publisher: 
Springer, Heidelberg
Abstract: 
We test the predictions of an equilibrium search model about the effects of an increase in the maximum duration of unemployment benefits. We use the 1999 unemployment insurance reform of Portugal, a quasi-natural experiment. The reform increased the maximum duration of benefits for three groups of agents and maintained all features of the unemployment insurance for two other groups. We isolate the effects of the increase in the maximum duration of benefits and test the model. The model successfully predicts the effects on the unemployment rate, the labor force participation, and the levels of unemployment and employment.
Subjects: 
Unemployment duration
Unemployment benefits
Equilibrium search
Labor market reforms
Quasi-natural experiment
JEL: 
E24
J23
J64
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by Logo
Document Type: 
Article

Files in This Item:
File
Size
553.75 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.