Why is there a spike in the job finding rate at benefit exhaustion?
Abstract
Putting a limit on the duration of unemployment benefits tends to introduce a "spike" in the job finding rate shortly before benefits are exhausted. Current theories explain this spike from workers' behavior. We present a theoretical model in which also the nature of the job matters. End-of-benefit spikes in job finding rates are related to optimizing behavior of unemployed workers who rationally assume that employers will accept delays in the starting date of a new job, especially if these jobs are permanent. We use a dataset on Slovenian unemployment spells to test this prediction and find supporting evidence. We conclude that the spike in the job finding rate suggests that workers exploit unemployment insurance benefits for subsidized leisure.Download Info
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Bibliographic Info
Paper provided by C.E.P.R. Discussion Papers in its series CEPR Discussion Papers with number 7525.Length:
Date of creation: Nov 2009
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Handle: RePEc:cpr:ceprdp:7525
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Related research
Keywords: Spikes; Unemployment;Other versions of this item:
- Jan Boone & Jan Ours, 2012. "Why is There a Spike in the Job Finding Rate at Benefit Exhaustion?," De Economist, Springer, vol. 160(4), pages 413-438, December.
- Boone, Jan & van Ours, Jan C., 2009. "Why Is There a Spike in the Job Finding Rate at Benefit Exhaustion?," IZA Discussion Papers 4523, Institute for the Study of Labor (IZA).
- Jan Boone & Jan C. van Ours, 2009. "Why is there a Spike in the Job Finding Rate at Benefit Exhaustion?," CESifo Working Paper Series 2840, CESifo Group Munich.
- Boone, J. & Ours, J.C. van, 2009. "Why is There a Spike in the Job Finding Rate at Benefit Exhaustion?," Discussion Paper 2009-84, Tilburg University, Center for Economic Research.
- I31 - Health, Education, and Welfare - - Welfare and Poverty - - - General Welfare
- J16 - Labor and Demographic Economics - - Demographic Economics - - - Economics of Gender; Non-labor Discrimination
- J22 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Time Allocation and Labor Supply
This paper has been announced in the following NEP Reports:
- NEP-ALL-2009-11-27 (All new papers)
- NEP-LAB-2009-11-27 (Labour Economics)
References
References listed on IDEASPlease report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.Cited by:
- Rafael Lalive & Analía Schlosser & Andreas Steinhauer & Josef Zweimüller, 2011.
"Parental Leave and Mothers' Careers: The Relative Importance of Job Protection and Cash Benefits,"
NRN working papers
2011-14, The Austrian Center for Labor Economics and the Analysis of the Welfare State, Johannes Kepler University Linz, Austria.
- Rafael Lalive & Analía Schlosser & Andreas Steinhauer & Josef Zweimüller, 2011. "Parental leave and mothers' careers: the relative importance of job protection and cash benefits," ECON - Working Papers 042, Department of Economics - University of Zurich.
- Lalive, Rafael & Schlosser, Analia & Steinhauer, Andreas & Zweimüller, Josef, 2011. "Parental Leave and Mothers' Careers: The Relative Importance of Job Protection and Cash Benefits," IZA Discussion Papers 5792, Institute for the Study of Labor (IZA).
- Bart Cockx & Muriel Dejemeppe, 2010.
"The Threat of Monitoring Job Search. A Discontinuity Design,"
CESifo Working Paper Series
3267, CESifo Group Munich.
- B. Cockx & M. Dejemeppe, 2010. "The Threat of Monitoring Job Search. A Discontinuity Design," Working Papers of Faculty of Economics and Business Administration, Ghent University, Belgium 10/685, Ghent University, Faculty of Economics and Business Administration.
- Bart COCKX & Muriel DEJEMEPPE, 2010. "The Threat of Monitoring Job Search. A Discontinuity Design," Discussion Papers (IRES - Institut de Recherches Economiques et Sociales) 2010041, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).
- Cockx, Bart & Dejemeppe, Muriel, 2010. "The Threat of Monitoring Job Search: A Discontinuity Design," IZA Discussion Papers 5337, Institute for the Study of Labor (IZA).
- Immervoll, Herwig, 2009.
"Minimum-Income Benefits in OECD Countries: Policy Design, Effectiveness and Challenges,"
IZA Discussion Papers
4627, Institute for the Study of Labor (IZA).
- Herwig Immervoll, 2010. "Minimum Income Benefits in OECD Countries: Policy Design, Effectiveness and Challenges," OECD Social, Employment and Migration Working Papers 100, OECD Publishing.
- Marco Caliendo & Konstantinos Tatsiramos & Arne Uhlendorff, 2009.
"Benefit Duration, Unemployment Duration and Job Match Quality: A Regression-Discontinuity Approach,"
Discussion Papers of DIW Berlin
967, DIW Berlin, German Institute for Economic Research.
- Caliendo, Marco & Tatsiramos, Konstantinos & Uhlendorff, Arne, 2009. "Benefit Duration, Unemployment Duration and Job Match Quality: A Regression-Discontinuity Approach," IZA Discussion Papers 4670, Institute for the Study of Labor (IZA).
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