Titelaufnahme

Titel
Does reducing unemployment benefits during a recession reduce youth unemployment? : evidence from a 50% cut in unemployment assistance / Aedín Doris (Maynooth University), Donal ONeill (Maynooth University and IZA), Olive Sweetman (Maynooth University) ; IZA, Institute of Labor Economics
VerfasserDoris, Aedín In der Gemeinsamen Normdatei der DNB nachschlagen In Wikipedia suchen nach Aedín Doris ; O'Neill, Donal In der Gemeinsamen Normdatei der DNB nachschlagen In Wikipedia suchen nach Donal O'Neill ; Sweetman, Olive B. In der Gemeinsamen Normdatei der DNB nachschlagen In Wikipedia suchen nach Olive B. Sweetman
KörperschaftForschungsinstitut zur Zukunft der Arbeit In der Gemeinsamen Normdatei der DNB nachschlagen In Wikipedia suchen nach Forschungsinstitut zur Zukunft der Arbeit
ErschienenBonn, Germany : IZA Institute of Labor Economics, April 2017
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Elektronische Ressource
Umfang1 Online-Ressource (38 Seiten) : Diagramme
SerieDiscussion paper ; no. 10727
URNurn:nbn:de:hbz:5:2-122093 Persistent Identifier (URN)
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Volltexte
Does reducing unemployment benefits during a recession reduce youth unemployment? [1.16 mb]
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Zusammenfassung

We use administrative data to examine the effect of a 50% benefit cut for young unemployed workers in Ireland during the Great Recession. Because the cut applied only to new benefit claims, claimants whose unemployment start dates differed by a matter of days received very different benefits; we exploit this fact in our Regression Discontinuity and Difference-in-Difference analyses. While we find no impact on unemployment duration for those aged 20-21, the benefit cut significantly reduced duration for 18 year olds, with an estimated elasticity close to one. We consider possible explanations for our findings and also examine long-run effects.