Publication
Reemployment wages and UI liquidity effect : a regression discontinuity approach
| Summary: | This paper puts together the non-distortionary liquidity eff ect 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 eff ect reduces the pressure on low-income workers to accept lower productivity jobs. |
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| Main Authors: | Centeno, Mário |
| Other Authors: | Novo, Álvaro A. |
| Subject: | Unemployment insurance Subsidized unemployment duration Reemployment wages Liquidity eff ect Regression discontinuity |
| Year: | 2009 |
| Country: | Portugal |
| Document type: | article |
| Access type: | restricted access |
| Associated institution: | Universidade de Lisboa |
| Language: | English |
| Origin: | Repositório da Universidade de Lisboa |
| Summary: | This paper puts together the non-distortionary liquidity eff ect 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 eff ect reduces the pressure on low-income workers to accept lower productivity jobs. |
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