CEU Electronic Theses and Dissertations, 2012
| Author | Reizer, Balázs |
|---|---|
| Title | The Effect of Unemployment Benefit On The Length of Unemployment - The Case of Hungary |
| Summary | The aim of the paper is to investigate the partial effect of replacement rate on the job finding hazard. Since the last wage may be correlated with the unobserved characteristics of unemployed I use the change of the unemployment benefit In Hungary on 1st November 2005. The reason for that is that one part of the variance of the replacement rate is due to the change of the Labor Code which might be thought exogenous. My results suggest that the change of the replacement rate does not affect the job finding hazard of low wage earners. Contrary to this I find a large negative elasticity for middle earners and moderate effect for high wage earners. |
| Supervisor | Almos M. Telegdy |
| Department | Economics MA |
| Full text | https://www.etd.ceu.edu/2012/reizer_balazs.pdf |
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