Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/34052 
Year of Publication: 
2007
Series/Report no.: 
IZA Discussion Papers No. 2609
Publisher: 
Institute for the Study of Labor (IZA), Bonn
Abstract: 
In light of nonstationary search theory (van den Berg, 1990), this paper estimates the effects of benefit entitlement periods and the size of unemployment benefits on unemployment durations and post-unemployment earnings in West Germany. For the unemployment duration, we estimate censored Box-Cox quantile regression, which is robust with respect to the specification of the unobserved error distribution and avoids the common proportional hazard assumption. Our results suggest that the length of benefit entitlement is only of minor importance for the duration of search unemployment and for post unemployment wages. A high wage replacement rate in the low wage sector seems to considerably elongate the duration of unemployment and it is associated with higher post unemployment wages.
Persistent Identifier of the first edition: 
Document Type: 
Working Paper

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