EconPapers    
Economics at your fingertips  
 

Cessation of Activity Benefit for Spanish Self-employed Workers: A Heterogeneous Impact Evaluation

Ignacio Moral-Arce (), Javier Martín-Román () and Ángel Martín-Román ()
Additional contact information
Ignacio Moral-Arce: Instituto de Estudios Fiscales

Hacienda Pública Española / Review of Public Economics, 2019, vol. 231, issue 4, 41-79

Abstract: The goal of this paper is to evaluate the effects of a public policy implemented through the Spanish Social Security system: the Cessation of Activity Benefit (CAB) for self-employed workers. Making use of the Continuous Sample of Working Lives (MCVL) and by means of a Propensity Score Match-ing (PSM) methodology, our results show that, when we do not take into account heterogeneity in the treatment, self-employed workers receiving CAB experience non-employment spells between 33 and 38 logarithmic points longer than their not entitled counterparts. We also detect that this difference is not constant but depends on the likelihood of being treated. We believe that the two traditional prob-lems that affect the insurance markets, consequence of the asymmetric information, adverse selection and moral hazard, are behind these results.

Keywords: Self-employment; impact evaluation; propensity score matching; opportunistic Behavior (search for similar items in EconPapers)
JEL-codes: D04 J08 J64 J65 K31 (search for similar items in EconPapers)
Date: 2019
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2) Track citations by RSS feed

Downloads: (external link)
https://hpe-rpe.org/wp-admin/admin-ajax.php?juwpfi ... 5974a6e8ea&preview=1 (application/pdf)

Related works:
Working Paper: Cessation of activity benefit of Spanish self-employed workers: a heterogeneous impact evaluation (2018) Downloads
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:hpe:journl:y:2019:v:231:i:4:p:41-79

Access Statistics for this article

More articles in Hacienda Pública Española / Review of Public Economics from IEF Contact information at EDIRC.
Bibliographic data for series maintained by Miguel Gómez de Antonio ().

 
Page updated 2021-10-16
Handle: RePEc:hpe:journl:y:2019:v:231:i:4:p:41-79