Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/92352
Authors: 
Bouis, Romain
Causa, Orsetta
Demmou, Lilas
Duval, Romain
Year of Publication: 
2012
Citation: 
[Journal:] IZA Journal of Labor Policy [ISSN:] 2193-9004 [Publisher:] Springer [Place:] Heidelberg [Volume:] 1 [Year:] 2012 [Pages:] 1-12
Abstract: 
While there is a fairly broad consensus regarding the potential adverse effects of generous unemployment benefit insurance on steady-state employment, the short-term effects of benefit reforms are not well-established. This paper contributes to fill this gap by estimating impulse responses to benefit reform shocks identified for a panel of OECD countries. Findings indicate that although it takes time for unemployment benefit reforms to pay off, such reforms do not appear to entail any negative short-run effects. There is however some suggestive evidence that reducing unemployment benefits could have negative short-run effects in bad times.
Subjects: 
institutions
reforms
labor market
macroeconomic conditions
impulse response function
institutions
reforms
labor market
macroeconomic conditions
impulse response function
JEL: 
E02
E24
E60
J38
J58
J68
Persistent Identifier of the first edition: 
Creative Commons License: 
http://creativecommons.org/licenses/by/2.0/
Document Type: 
Article
Appears in Collections:

Files in This Item:
File
Size
352.08 kB





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