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DURATION OF UNEMPLOYMENT IN SPAIN: RELATIVE EFFECTS OF UNEMPLOYMENT BENEFIT AND FAMILY CHARACTERISTICS
Author(s) -
Ahn Namkee,
UgidosOlazabal Arantza
Publication year - 1995
Publication title -
oxford bulletin of economics and statistics
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.131
H-Index - 73
eISSN - 1468-0084
pISSN - 0305-9049
DOI - 10.1111/j.1468-0084.1995.mp57002006.x
Subject(s) - unemployment , duration (music) , economics , labour economics , demographic economics , economic growth , literature , art
We estimate the effects of unemployment benefit and family situation on the unemployment duration in Spain. Empirical results indicate that the distinctions between the exits into employment and the exits from the labour force and between men and women are important. Although unemployment benefit reduces significantly the job‐finding probabilities, its effects are much larger on exits from the labour force. Many people who decide to go out of the labour force delay their exits until they exhaust their unemployment benefits. Family situation also has strong effects on the duration of unemployment in Spain. Household heads have about twice larger job‐finding probability than non‐heads, and having a working household head or other working household members improves employment probability. This suggests that family connections in the labour market are important determinants of unemployment duration in Spain.