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The same rule applies to any other entitlement duration.
Next, we focus on the coefficient estimates for benefit entitlement duration.
Similarly, we obtain that the unemployment exit probability decreases with benefit entitlement duration.
In Table 8, we display the estimated employment exit probability in relation to benefit entitlement duration for each competing risk.
In this paper, we are primarily interested in the effects of benefit entitlement duration on individuals' employment stability.
This non-stationarity is the way to identify the effects of UIS entitlement duration on unemployment duration.
Similar(44)
We propose here an exercise comprising an analysis of the effect of reducing, and alternatively, increasing, UIS entitlement length duration relative to the current status quo in Spain.
For example, for a temporary worker in the first month of an unemployment spell, the rate of exit to a temporary contract is approximately 10, 16 and 19 percentage points lower for insured workers (compared to uninsured workers) with entitlement durations of 6, 8 and 12 months, respectively.
First, the correlation between unemployment duration and entitlement length is substantial and positive.
In other words, the elasticity of employment duration to benefit entitlement length is low in Spain.
On the contrary, UIS recipients might have lengthier employment spells than non-recipients, but this effect depends on previous unemployment duration and benefit entitlement length.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com