Do benefit cuts boost job finding? Swedish evidence from the 1990s

• 成果类型: Article
• 署名作者: Carling, K; Holmlund, B; Vejsiu, A
• 署名单位: Uppsala University
• 刊物名称: ECONOMIC JOURNAL
• ISSN/ISSBN: 0013-0133
• DOI: 10.1111/1468-0297.00659
• 发表日期: 2001
• 页码: 766-790
• 关键词: unemployment-insurance; duration; COMPENSATION; MODEL; equilibrium; regression

摘要

In June 1995, the Swedish parliament decided to cut the replacement rate in unemployment insurance from 80% to 75%, a change that took effect on 1 January 1996. The paper exploits a quasi-experimental feature of the benefit reform to examine the effect on job finding. We compare the evolution of transitions to employment before and after the reform among those affected and those not affected. Our estimates suggest that the reform caused an increase in the transition rate of roughly 10%. Moreover, the reform appears to have affected behaviour several months before its actual implementation in January 1996.