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dc.contributor.author
Basten, Christoph Carl
dc.contributor.author
Fagereng, Andreas
dc.contributor.author
Telle, Kjetil
dc.date.accessioned
2017-08-22T08:37:26Z
dc.date.available
2017-06-10T12:29:14Z
dc.date.available
2017-08-22T08:37:26Z
dc.date.issued
2012
dc.identifier.uri
http://hdl.handle.net/20.500.11850/61440
dc.identifier.doi
10.3929/ethz-a-006999252
dc.description.abstract
We identify the causal effect of lump-sum severance payments on non-employment duration in Norway by exploiting a discontinuity in eligibility at age 50. We find that a severance payment worth 1.2 months' earnings at the median lowers the fraction re-employed after a year by six percentage points. Data on household wealth enable us to verify that the effect is decreasing in prior wealth, which supports the view that the severance pay effect should be interpreted as evidence of liquidity constraints. Finding liquidity constraints in Norway, despite its equitable wealth distribution and generous welfare state, means they are likely to exist also in other countries.
en_US
dc.language.iso
en
en_US
dc.publisher
KOF Swiss Economic Institute, ETH Zurich
dc.rights.uri
http://rightsstatements.org/page/InC-NC/1.0/
dc.subject
UNEMPLOYMENT
en_US
dc.subject
ECONOMETRICS AND ECONOMETRIC MODELS (OPERATIONS RESEARCH)
en_US
dc.subject
Unemployment
en_US
dc.subject
Liquidity Constraints
en_US
dc.subject
NORWAY (NORTHERN EUROPE). KINGDOM OF NORWAY
en_US
dc.subject
Optimal Unemployment Insurance
en_US
dc.subject
UNEMPLOYMENT INSURANCE (INSURANCE)
en_US
dc.subject
NORWEGEN (NORDEUROPA). KÖNIGREICH NORWEGEN
en_US
dc.subject
Severance Pay
en_US
dc.subject
ÖKONOMETRIE UND ÖKONOMETRISCHE MODELLE (OPERATIONS RESEARCH)
en_US
dc.subject
Regression Discontinuity Design
en_US
dc.subject
Mental Accounting
en_US
dc.subject
ARBEITSLOSIGKEIT
en_US
dc.subject
ARBEITSLOSENVERSICHERUNG (VERSICHERUNGSWESEN)
en_US
dc.title
Cash-on-Hand and the Duration of Job Search
en_US
dc.type
Working Paper
dc.rights.license
In Copyright - Non-Commercial Use Permitted
dc.date.published
2011
ethz.title.subtitle
Quasi-Experimental Evidence from Norway
en_US
ethz.journal.title
KOF Working Papers
ethz.journal.volume
299
en_US
ethz.size
35 p.
en_US
ethz.code.ddc
3 - Social sciences::330 - Economics
en_US
ethz.identifier.nebis
006999252
ethz.publication.place
Zürich
en_US
ethz.publication.status
published
en_US
ethz.leitzahl
ETH Zürich::00002 - ETH Zürich::00012 - Lehre und Forschung::00007 - Departemente::02120 - Dep. Management, Technologie und Ökon. / Dep. of Management, Technology, and Ec.::03716 - Sturm, Jan-Egbert / Sturm, Jan-Egbert
en_US
ethz.leitzahl
ETH Zürich::00002 - ETH Zürich::00012 - Lehre und Forschung::00007 - Departemente::02120 - Dep. Management, Technologie und Ökon. / Dep. of Management, Technology, and Ec.::02525 - KOF Konjunkturforschungsstelle / KOF Swiss Economic Institute
en_US
ethz.leitzahl.certified
ETH Zürich::00002 - ETH Zürich::00012 - Lehre und Forschung::00007 - Departemente::02120 - Dep. Management, Technologie und Ökon. / Dep. of Management, Technology, and Ec.::03716 - Sturm, Jan-Egbert / Sturm, Jan-Egbert
ethz.leitzahl.certified
ETH Zürich::00002 - ETH Zürich::00012 - Lehre und Forschung::00007 - Departemente::02120 - Dep. Management, Technologie und Ökon. / Dep. of Management, Technology, and Ec.::02525 - KOF Konjunkturforschungsstelle / KOF Swiss Economic Institute
en_US
ethz.date.deposited
2017-06-10T12:29:22Z
ethz.source
ECOL
ethz.source
ECIT
ethz.identifier.importid
imp593650343c21035597
ethz.identifier.importid
imp59366b1e5c87e83479
ethz.ecolpid
eth:5235
ethz.ecitpid
pub:97870
ethz.eth
yes
en_US
ethz.availability
Open access
en_US
ethz.rosetta.installDate
2017-07-18T15:59:30Z
ethz.rosetta.lastUpdated
2018-11-05T17:19:32Z
ethz.rosetta.exportRequired
true
ethz.rosetta.versionExported
true
ethz.COinS
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