Expectations of Unemployment Insurance and Unemployment Duration

Cynthia Rogers

Journal of Labor Economics, 1998, vol. 16, issue 3, 630-66

Abstract: Over the years there have been frequent changes in unemployment insurance benefits. Such changes could influence spells in progress as well as future spells. If individuals anticipate changes, they are likely to adjust their behavior. The effect of changes in benefits on unemployment duration, therefore, will be difficult to predict accurately without accounting for individual expectations. This article investigates the extent to which individuals anticipate changes in unemployment insurance entitlement. The results suggest that individuals have significant, although not perfect, foresight about changes in unemployment insurance provisions. Assuming perfect foresight might represent actual expectations more closely than assuming no foresight. Copyright 1998 by University of Chicago Press.

Date: 1998
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (8)

Downloads: (external link)
http://dx.doi.org/10.1086/209901 full text (application/pdf)
Access to full text is restricted to subscribers. See http://www.journals.uchicago.edu/JOLE for details.

Related works:
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:ucp:jlabec:v:16:y:1998:i:3:p:630-66

Access Statistics for this article

More articles in Journal of Labor Economics from University of Chicago Press
Bibliographic data for series maintained by Journals Division ().