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Treatment effect analysis of early reemployment bonus program: Panel MLE and mode-based semiparametric estimator for interval truncation

Kim, Hyun Ah; Kim, Yong-seong; Lee, Myoung-Jae

Description

We use Korean data to find the effects of Early Reemployment Bonus (ERB) on unemployment duration; ERB is a bonus that the eligible unemployed receive if they find a job before their unemployment insurance benefit expires. A naive approach would be comparing the ERB receiving group with the non-receiving group, but the ERB receipt is partly determined by the unemployment duration itself (thus, an endogeneity problem). Interestingly, there were many individuals who did not receive the ERB...[Show more]

CollectionsANU Research Publications
Date published: 2012
Type: Journal article
URI: http://hdl.handle.net/1885/71827
Source: Portuguese Economic Journal
DOI: 10.1007/s10258-012-0084-5

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