An Evaluation of Paid Leave: Participation and Labor Market Tightness
Publikation: Working paper › Forskning
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An Evaluation of Paid Leave : Participation and Labor Market Tightness. / Albæk, Karsten.
Cph. : Department of Economics, University of Copenhagen, 1999.Publikation: Working paper › Forskning
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RIS
TY - UNPB
T1 - An Evaluation of Paid Leave
T2 - Participation and Labor Market Tightness
AU - Albæk, Karsten
N1 - JEL Classification: J29, J68
PY - 1999
Y1 - 1999
N2 - This paper analyzes a labor market program which enables workers to leave employment temporarily with a compensation financed by the taxpayers. The main aim of the program was to increase the chances of the unemployed finding a job. However, the empirical analysis reveals a clear negative relationship between the unemployment rate and transition rates from employment into the paid leave scheme. Program participation is low, precisely in those labor market states, where the scheme has a potential to perform as a remedy by increasing the transition rate from unemployment to employment. Several possible explanations are discussed
AB - This paper analyzes a labor market program which enables workers to leave employment temporarily with a compensation financed by the taxpayers. The main aim of the program was to increase the chances of the unemployed finding a job. However, the empirical analysis reveals a clear negative relationship between the unemployment rate and transition rates from employment into the paid leave scheme. Program participation is low, precisely in those labor market states, where the scheme has a potential to perform as a remedy by increasing the transition rate from unemployment to employment. Several possible explanations are discussed
KW - Faculty of Social Sciences
KW - labor market policy
KW - unemployment
M3 - Working paper
BT - An Evaluation of Paid Leave
PB - Department of Economics, University of Copenhagen
CY - Cph.
ER -
ID: 161219