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Replication data for: Extended Unemployment Benefits and Early Retirement: Program Complementarity and Program Substitution

Version
1
Resource Type
Dataset
Creator
  • Inderbitzin, Lukas
  • Staubli, Stefan
  • Zweimüller, Josef
Publication Date
2016-02-01
Description
  • Abstract

    We explore how extended unemployment insurance (UI) benefits for older workers affect early retirement and welfare. We argue that extending UI benefits generates program complementarity (more labor market exits and disability benefit take-up in the future) and program substitution (less disability benefit take-up in the present). Exploiting a policy change in Austria, which extended UI benefits to 4 years, we find program complementarity effects for workers aged 50+ and program substitution effects for workers aged 55+. We apply the Baily-Chetty formula for optimal UI to account for complementarity and substitution, showing that UI benefits for older workers were too generous. (JEL J14, J22, J26, J65)
Availability
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Relations
  • Is supplement to
    DOI: 10.1257/pol.20130315 (Text)
Publications
  • Inderbitzin, Lukas, Stefan Staubli, and Josef Zweimüller. “Extended Unemployment Benefits and Early Retirement: Program Complementarity and Program Substitution.” American Economic Journal: Economic Policy 8, no. 1 (February 2016): 253–88. https://doi.org/10.1257/pol.20130315.
    • ID: 10.1257/pol.20130315 (DOI)

Update Metadata: 2020-05-18 | Issue Number: 2 | Registration Date: 2019-10-13

Inderbitzin, Lukas; Staubli, Stefan; Zweimüller, Josef (2016): Replication data for: Extended Unemployment Benefits and Early Retirement: Program Complementarity and Program Substitution. Version: 1. ICPSR - Interuniversity Consortium for Political and Social Research. Dataset. https://doi.org/10.3886/E114586V1