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文章基本信息

  • 标题:How quickly does structural reform pay off? An empirical analysis of the short-term effects of unemployment benefit reform
  • 本地全文:下载
  • 作者:Romain Bouis ; Orsetta Causa ; Lilas Demmou
  • 期刊名称:IZA Journal of Labor Policy
  • 电子版ISSN:2193-9004
  • 出版年度:2012
  • 卷号:1
  • 期号:1
  • 页码:1-12
  • DOI:10.1186/2193-9004-1-12
  • 出版社:Springer Verlag
  • 摘要:While there is a fairly broad consensus regarding the potential adverse effects of generous unemployment benefit insurance on steady-state employment, the short-term effects of benefit reforms are not well-established.This paper contributes to fill this gap by estimating impulse responses to benefit reform “shocks” identified for a panel of OECD countries.Findings indicate that although it takes time for unemployment benefit reforms to pay off, such reforms do not appear to entail any negative short-run effects.There is however some suggestive evidence that reducing unemployment benefits could have negative short-run effects in “bad times”.
  • 关键词:Institutions ;Reforms ;Labor market ;Macroeconomic conditions ;Impulse response function
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