Unemployment Duration, Benefit Duration, and the Business Cycle

Olympia Bover (), Manuel Arellano () and Samuel Bentolila ()

Working Papers from Centro de Estudios Monetarios Y Financieros-

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 1987-1994. Estimated discrete hazard models indicate that receipt of unemployment benefits significantly reduces the hazard of leaving unemployment.

Keywords: UNEMPLOYMENT; BUSINESS CYCLES; MODELS (search for similar items in EconPapers)
JEL-codes: J64 J65 (search for similar items in EconPapers)
Date: 1997
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Related works:
Working Paper: Unemployment Duration, Benefit Duration and the Business Cycle (1998)
Journal Article: Unemployment Duration, Benefit Duration and the Business Cycle (2002)
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Persistent link: http://EconPapers.repec.org/RePEc:fth:cemfdt:9717

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