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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP10646 |
DP10646 Extended Unemployment Benefits and Early Retirement: Program Complementarity and Program Substitution | |
Josef Zweimüller; Stefan Staubli | |
发表日期 | 2015-06-07 |
出版年 | 2015 |
语种 | 英语 |
摘要 | We explore how extended unemployment insurance (UI) benefits for older workers affect early retirement and welfare. We argue that extending UI benefits generates program complementarity (more labor market exits and disability benefit take-up in the future) and program substitution (less disability benefit take-up in the present). Exploiting a policy change in Austria, which extended UI benefits to 4 years, we find program complementarity effects for workers aged 50+ and program substitution effects for workers aged 55+. We apply the Baily-Chetty formula for optimal UI to account for complementarity and substitution, showing that UI benefits for older workers were too generous. |
主题 | Labour Economics ; Public Economics |
关键词 | Disability Early retirement Optimal benefits Policy reform Unemployment |
URL | https://cepr.org/publications/dp10646 |
来源智库 | Centre for Economic Policy Research (United Kingdom) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/539478 |
推荐引用方式 GB/T 7714 | Josef Zweimüller,Stefan Staubli. DP10646 Extended Unemployment Benefits and Early Retirement: Program Complementarity and Program Substitution. 2015. |
条目包含的文件 | 条目无相关文件。 |
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