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Duración del desempleo, duración de las prestaciones y ciclo económico

Author

Listed:
  • Olympia Bover
  • Manuel Arellano
  • Samuel Bentolila

Abstract

In this paper, we study the effects of unemployment benefit duration and the business cycle on unemployment duration. We construct durations for individuals entering unemployment from a longitudinal sample of Spanish men in 1987–94. Estimated discrete hazard models indicate that receipt of unemployment benefits significantly reduces the hazard of leaving unemployment. For instance, at durations of three months, the hazard for workers without benefits is twice as large as that for workers with benefits. Favourable business conditions increase the hazard of leaving unemployment. At sample-period magnitudes, this effect is significantly smaller than that of benefit receipt.
(This abstract was borrowed from another version of this item.)
(This abstract was borrowed from another version of this item.)

Suggested Citation

  • Olympia Bover & Manuel Arellano & Samuel Bentolila, 1996. "Duración del desempleo, duración de las prestaciones y ciclo económico," Estudios Económicos, Banco de España, number 57.
  • Handle: RePEc:bde:esteco:57
    Note: 75 pages - Publicada una edición en inglés con el mismo número
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    File URL: https://repositorio.bde.es/handle/123456789/7316
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    Citations

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    Cited by:

    1. Giuseppe Carone & Aino Salomäki & Herwig Immervoll & Dominique Paturot, 2003. "Indicators of unemployment and low-wage traps (marginal effective tax rates on labour)," European Economy - Economic Papers 2008 - 2015 197, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission.
    2. Jacobo De UNA-ALvarez & M. Soledad Otero-GirALdez & Gema ALvarez-Llorente, 2003. "Estimation under length-bias and right-censoring: An application to unemployment duration analysis for married women," Journal of Applied Statistics, Taylor & Francis Journals, vol. 30(3), pages 283-291.
    3. Alfonso Alba-Ramirez, 1999. "Explaining the transitions out of unemployment in Spain: the effect of unemployment insurance," Applied Economics, Taylor & Francis Journals, vol. 31(2), pages 183-193.
    4. Olympia Bover & Manuel Arellano & Samuel Bentolila, 2002. "Unemployment Duration, Benefit Duration and the Business Cycle," Economic Journal, Royal Economic Society, vol. 112(479), pages 223-265, April.
    5. Dolado, Juan J. & Jimeno, Juan F., 1997. "The causes of Spanish unemployment: A structural VAR approach," European Economic Review, Elsevier, vol. 41(7), pages 1281-1307, July.
    6. repec:eee:labchp:v:3:y:1999:i:pc:p:3085-3139 is not listed on IDEAS
    7. Aino Salomäki & Teresa Munzi, 1999. "Net Replacement Rates of the Unemployed. Comparison of various approaches," European Economy - Economic Papers 2008 - 2015 133, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission.
    8. Jose Ignacio Garcia Perez, 1997. "Las tasas de salida del empleo y del desempleo en España (1978-1993)," Investigaciones Economicas, Fundación SEPI, vol. 21(1), pages 29-53, January.
    9. G. Carone & A. Salomäki, 2001. "Reforms in tax-benefit systems in order to increase emplyoment incentives in the EU," European Economy - Economic Papers 2008 - 2015 160, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission.
    10. David Bardey & Samir Kiuhan & Julio César Suárez, 2009. "Seguros de desempleo: revisión de literatura y propuesta para Colombia," Documentos de Trabajo 5739, Universidad del Rosario.

    More about this item

    JEL classification:

    • E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
    • J64 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Unemployment: Models, Duration, Incidence, and Job Search
    • J65 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Unemployment Insurance; Severance Pay; Plant Closings

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