TY - JOUR
T1 - Reemployment wages and UI liquidity effect: a regression discontinuity approach
AU - Novo, Álvaro António da Costa
AU - Centeno, Mário José Gomes de Freitas
N1 - ISI Document Delivery No.: 423KW Times Cited: 0 Cited Reference Count: 18 2nd Meeting of the Portuguese Economic Journal JUL 04-05, 2008 Evora, PORTUGAL
PY - 2009/1/1
Y1 - 2009/1/1
N2 - This paper puts together the non-distortionary liquidity effect of unemployment insurance and job match quality. We identify a big impact on subsidized unemployment duration and a small impact on wages on the job that follows the unemployment spell. Wage gains are heterogeneous and concentrated on individuals at the bottom of the pre-unemployment income distribution. The non-distortionary nature of the liquidity effect reduces the pressure on low-income workers to accept lower productivity jobs.
AB - This paper puts together the non-distortionary liquidity effect of unemployment insurance and job match quality. We identify a big impact on subsidized unemployment duration and a small impact on wages on the job that follows the unemployment spell. Wage gains are heterogeneous and concentrated on individuals at the bottom of the pre-unemployment income distribution. The non-distortionary nature of the liquidity effect reduces the pressure on low-income workers to accept lower productivity jobs.
KW - Regression discontinuity
KW - Subsidized unemployment duration
KW - Unemployment insurance
KW - Reemployment wages
KW - Liquidity effect
U2 - 10.1007/s10258-009-0038-8
DO - 10.1007/s10258-009-0038-8
M3 - Article
SN - 1617-982X
VL - 8
SP - 45
EP - 52
JO - Portuguese Economic Journal
JF - Portuguese Economic Journal
IS - 1
ER -
