Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/24071
Authors: 
Kyyrä, Tomi
Wilke, Ralf A.
Year of Publication: 
2004
Series/Report no.: 
ZEW Discussion Papers 04-63
Abstract: 
In Finland the elderly unemployed are allowed to collect unemployment benefits up to the age of 60, when they can retire via a particular unemployment pension. In 1997 the eligibility age of persons benefiting from this scheme was raised from 53 to 55. We consider changes in the risk of unemployment, unemployment durations, and the exit states before and after the reform. In the duration analysis a flexible treatment design is adopted by allowing for quantile treatment effects. We apply three different non- and semiparametric methods, which all produce robust and coherent results. Since the reform the group aged 53-54 has had a lower risk of unemployment, shorter unemployment durations, and higher exit rates to employment, and it is no longer distinguishable from the group aged 50-52. We estimate the amount of unemployment benefits saved due to the reform.
Subjects: 
Unemployment insurance reform
quantile treatment effect
non- and semiparametric methods
Finnish register data
JEL: 
C14
J64
C41
J26
Document Type: 
Working Paper

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