Analysing the relationship between unemployment benefits and unemployment duration
Analysing the relationship between unemployment benefits and unemployment duration
Author(s): Laura Južnik Rotar, Sabina KrsnikSubject(s): Human Resources in Economy
Published by: Akadémiai Kiadó
Keywords: labour market; unemployment duration; unemployment benefits; social policy; EU; C51; J64; J68
Summary/Abstract: The aim of this paper is to analyse the relationship between unemployment benefits and durations of unemployment with respect to different approaches in social policy. The hypothesis of the research is that unemployment benefits negatively affect the duration of unemployment. An analysis of the relationship concerning unemployment benefits and duration of unemployment within the European Union Member States (EU-28) between 2006–2018 using panel data regression approach was conducted. The sample was split into sub-samples in order to get more homogeneous groups of EU-28 countries. Estimation results suggest that the more generous a social policy, the more prevalent the negative relationship between unemployment duration and unemployment benefits. Our results also revealed that the better the economic situation, the less pressure is put on unemployment benefits and on the duration of unemployment.
Journal: Society and Economy. In Central and Eastern Europe ǀ Journal of the Corvinus University of Budapest
- Issue Year: 42/2020
- Issue No: 3
- Page Range: 280-297
- Page Count: 18
- Language: English