| |
TOPIC:
|
Reemployment Bonuses, Unemployment Duration, and Job Match Quality
|
ABSTRACT
This study examines the impacts of reemployment bonus, the incentive payments to unemployment insurance recipients who find a job within a specified period of time, using Korean data. A sharp discontinuity in treatment assignment at age 55 identifies the effect of increased reemployment bonus on unemployment duration and on subsequent job duration. The results indicate that increases in reemployment bonus boost the job-finding hazards of the claimants early in unemployment spells by 20.0% to 37.8%. Additionally, employment stability is not significantly affected by increased bonus, which implies no negative influence of the bonus on subsequent job match quality.
Keywords: Reemployment bonus;
Unemployment insurance;
Regression discontinuity
JEL classification codes: C41; J64; J65
|
|
|
PRESENTER
Taehyun Ahn
Sogang University, Seoul, Korea
|
RESEARCH FIELDS
Labor Economics,
Self-Employment and Entrepreneurship,
Economic Demography,
Empirical Microeconomics
|
DATE:
14 Oct 2016 (Friday)
|
TIME:
4pm - 5.30pm
|
VENUE:
Meeting Room 5.1, Level 5
School of Economics
Singapore Management University
90 Stamford Road
Singapore 178903
|
|
|
