An extra time duration model with application to unemployment duration under benefits in Spain
This paper postulates that the effect of unemployment benefits on the hazard rates changes considerably using a traditional duration model that uses only unemployment insurance (UI) data, or deals with unemployment assistance (UA) as a mere extension of UI, instead of an extra time duration model th...
| Autores: | , |
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| Tipo de recurso: | artículo |
| Fecha de publicación: | 2004 |
| País: | España |
| Institución: | Universidad de Alcalá (UAH) |
| Repositorio: | e_Buah Biblioteca Digital Universidad de Alcalá |
| Idioma: | inglés |
| OAI Identifier: | oai:ebuah.uah.es:10017/6632 |
| Acceso en línea: | http://hdl.handle.net/10017/6632 |
| Access Level: | acceso abierto |
| Palabra clave: | Unemployment insurance Unemployment assistance Mixed proportional hazard model Sequential exits Unobserved heterogeneity Prestaciones contributivas Salidas secuenciales Heterogeneidad inobservada Prestaciones asistenciales Modelo mixto de riesgos proporcionales J64 Ciencias económicas Estadística Empresa Economics Statistics Management science |
| Sumario: | This paper postulates that the effect of unemployment benefits on the hazard rates changes considerably using a traditional duration model that uses only unemployment insurance (UI) data, or deals with unemployment assistance (UA) as a mere extension of UI, instead of an extra time duration model that accounts separately for transition rates to work of the unemployed who receive UI and UA. For UI recipients the hazard rate rises dramatically when UI benefits lapse approaches. On the contrary, for UA recipients the hazard rate remains flat or even has a slight fall nearby the UA lapse. Finally, there is a group of unemployed qualified for UA that quit UI due to the income fall that they will experience when they pass from UI to UA |
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