G2TT
来源类型Working Paper
规范类型报告
DOI10.3386/w19772
来源IDWorking Paper 19772
The Causal Effect of Unemployment Duration on Wages: Evidence from Unemployment Insurance Extensions
Johannes F. Schmieder; Till von Wachter; Stefan Bender
发表日期2013-12-26
出版年2013
语种英语
摘要This paper provides quasi-experimental estimates of the causal effect of long-term unemployment on wages. Using standard job search theory, the paper derives and tests conditions on reemployment wages under which Unemployment Insurance (UI) extensions can be used as instrumental variables (IV) for unemployment duration. Using a regression discontinuity design, the paper shows that UI extensions at age thresholds reduced reemployment wages of job searchers in Germany. The UI extensions do not affect the reemployment wages conditional on the month of unemployment exit, implying reservation wages do not bind on average. Hence, UI extensions affect mean wages only through unemployment durations. Our IV estimates imply substantial negative effects of unemployment duration on wages of 0.8% per month.
主题Labor Economics ; Unemployment and Immigration
URLhttps://www.nber.org/papers/w19772
来源智库National Bureau of Economic Research (United States)
引用统计
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/577446
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GB/T 7714
Johannes F. Schmieder,Till von Wachter,Stefan Bender. The Causal Effect of Unemployment Duration on Wages: Evidence from Unemployment Insurance Extensions. 2013.
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