TY - JOUR
T1 - New Insights on Unemployment Duration and Post Unemployment Earnings in Germany
T2 - Censored Box-Cox Quantile Regression at Work
AU - Fitzenberger, Bernd
AU - Wilke, Ralf Andreas
PY - 2010/12
Y1 - 2010/12
N2 - Building on non-stationary search theory (Mortensen, 1977; Van den Berg, 1990), this article estimates the effects of UB on unemployment durations and future earnings using unique administrative data in Germany. We apply censored Box–Cox quantile regression. Our results imply that the length of entitlement shows only a weak effect on unemployment duration for entitlement lengths up to 12 months and no effect on post unemployment earnings. There are noticeable effects on exits from unemployment for entitlement lengths above 12 months. A high wage replacement rate for low-wage earners is associated with a longer duration of unemployment and higher post unemployment earnings.
AB - Building on non-stationary search theory (Mortensen, 1977; Van den Berg, 1990), this article estimates the effects of UB on unemployment durations and future earnings using unique administrative data in Germany. We apply censored Box–Cox quantile regression. Our results imply that the length of entitlement shows only a weak effect on unemployment duration for entitlement lengths up to 12 months and no effect on post unemployment earnings. There are noticeable effects on exits from unemployment for entitlement lengths above 12 months. A high wage replacement rate for low-wage earners is associated with a longer duration of unemployment and higher post unemployment earnings.
UR - http://www.scopus.com/inward/record.url?scp=78649590982&partnerID=8YFLogxK
U2 - 10.1111/j.1468-0084.2010.00597.x
DO - 10.1111/j.1468-0084.2010.00597.x
M3 - Article
VL - 72
SP - 794
EP - 826
JO - Oxford Bulletin of Economics and Statistics
JF - Oxford Bulletin of Economics and Statistics
SN - 0305-9049
IS - 6
ER -