Can a search model predict the effects of an increase in the benefit duration? Evidence from the Portuguese unemployment insurance reform

Abstract We test the predictions of an equilibrium search model about the effects of an increase in the maximum duration of unemployment benefits. We use the 1999 unemployment insurance reform of Portugal, a quasi-natural experiment. The reform increased the maximum duration of benefits for three gr...

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Bibliographic Details
Main Authors: Álvaro A. Novo, André C. Silva
Format: Article
Language:English
Published: Sciendo 2017-04-01
Series:IZA Journal of Labor Policy
Subjects:
Online Access:http://link.springer.com/article/10.1186/s40173-017-0081-5