New insights on unemployment duration and post unemployment earnings in Germany
Subtitle: censored box-cox quantile regression at work
By: by Bernd Fitzenberger, Ralf A. Wilke.
Series: Discussion paper -- no. 2609; Discussion paper (Forschungsinstitut zur Zukunft der Arbeit : Online) -- no. 2609
Publisher: IZA
Published: 2007
Place of publication: Bonn, Germany
Language: eng
Format: Electronic resource
Subjects: Insurance, Unemployment -- Germany; Unemployment -- Germany
Description: "In light of nonstationary search theory (van den Berg, 1990), this paper estimates the effects of benefit entitlement periods and the size of unemployment benefits on unemployment durations and post-unemployment earnings in West Germany. For the unemployment duration, we estimate censored Box-Cox quantile regression, which is robust with respect to the specification of the unobserved error distribution and avoids the common proportional hazard assumption. Our results suggest that the length of benefit entitlement is only of minor importance for the duration of search unemployment and for post unemployment wages. A high wage replacement rate in the low wage sector seems to considerably elongate the duration of unemployment and it is associated with higher post unemployment wages"--Forschungsinstitut zur Zukunft der Arbeit web site.
Notes: Title from PDF file as viewed on 4/23/2007.

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