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연구보고서CEPR Discussion Papers 12030

Unemployment insurance and reservation wages: evidence from administrative data

청구기호
DP 12030
발행사항
London : CEPR, 2017
형태사항
41 p. :. PDF file ;. 1,186 KB
일반주기
2017. 5
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소장정보
위치등록번호청구기호 / 출력상태반납예정일
이용 가능 (1)
E0002518대출가능-
이용 가능 (1)
  • 등록번호
    E0002518
    상태/반납예정일
    대출가능
    -
    위치/청구기호(출력)
책 소개
Although the reservation wage plays a central role in job search models, empirical evidence on the determinants of reservation wages, including key policy variables such as unemployment insurance (UI), is scarce. In France, unemployed people must declare their reservation wage to the Public Employment Service when they register to claim UI benefits. We take advantage of these rich French administrative data and of a reform of UI rules to estimate the effect of the potential benefit duration (PBD) on reservation wages and on other dimensions of job selectivity, using a difference-in-difference strategy. We cannot reject that the elasticity of the reservation wage with respect to PBD is zero. Our results are precise and we can rule out elasticities larger than 0.006. Furthermore, we do not find any significant effects of PBD on the desired number of hours, duration of labor contract and commuting time/distance. The estimated elasticity of actual benefit duration with respect to PBD of 0.3 is in line with the consensus in the literature. Exploiting a regression discontinuity design as an alternative identification strategy, we find similar results.