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来源类型Working Paper
规范类型报告
DOI10.3386/w25492
来源IDWorking Paper 25492
Marginal Jobs and Job Surplus: A Test of the Efficiency of Separations
Simon Jäger; Benjamin Schoefer; Josef Zweimüller
发表日期2019-01-28
出版年2019
语种英语
摘要We present a test of Coasean theories of efficient separations. We study a cohort of jobs from the introduction through the repeal of a large, age- and region-specific unemployment benefit extension in Austria. In the treatment group, 18% fewer jobs survive. According to the Coasean view, the destroyed marginal jobs had low joint surplus. Hence, after the repeal, the treatment survivors should be dramatically more resilient than the ineligible control group survivors. Strikingly, the two groups instead exhibit identical post-repeal separation behavior. We provide and empirically support an alternative model in which wage rigidity drives the inefficient separation dynamics.
主题Macroeconomics ; Consumption and Investment ; Public Economics ; Taxation ; Labor Economics ; Demography and Aging ; Labor Supply and Demand ; Labor Compensation ; Unemployment and Immigration
URLhttps://www.nber.org/papers/w25492
来源智库National Bureau of Economic Research (United States)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/583166
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Simon Jäger,Benjamin Schoefer,Josef Zweimüller. Marginal Jobs and Job Surplus: A Test of the Efficiency of Separations. 2019.
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