Strategic Formal Layoffs: Unemployment Insurance and Informal Labor Marketst

被引:1
|
作者
Van Doornik, Bernardus [1 ]
Schoenherr, David [2 ]
Skrastins, Janis [3 ]
机构
[1] Bank Int Settlements, Rio De Janeiro, Brazil
[2] Princeton Univ, Princeton, NJ USA
[3] Washington Univ St Louis, St Louis, MO USA
关键词
RECALL EXPECTATIONS; EXTENDED BENEFITS; DURATION; UNCOVER; SPELLS; TAXES;
D O I
10.1257/app.20200787
中图分类号
F [经济];
学科分类号
02 ;
摘要
Exploiting an unemployment insurance reform in Brazil, we study incentive effects of UI in the presence of informal labor markets. We find that eligibility for UI benefits increases formal layoffs by 11 percent. Most of the additional layoffs are related to workers transi-tioning to informal employment. We further document formal layoff and recall patterns consistent with rent extraction from the UI sys-tem. Workers are laid off as they become eligible for UI benefits and recalled when benefits cease. These patterns are stronger for indus-tries and municipalities with a high degree of labor market informal-ity. (JEL J22, J46, J63, J65, K31, O15)
引用
下载
收藏
页码:292 / 318
页数:27
相关论文
共 50 条
  • [21] Labor unemployment insurance and earnings management
    Dou, Yiwei
    Khan, Mozaffar
    Zou, Youli
    JOURNAL OF ACCOUNTING & ECONOMICS, 2016, 61 (01): : 166 - 184
  • [22] Labor market between formal and informal
    Galceava, Ioan B.
    Grama, Grigore
    ROMANIAN STATISTICAL REVIEW, 2012, (08) : 88 - 89
  • [23] HOURS, LAYOFFS AND UNEMPLOYMENT-INSURANCE FUNDING - THEORY AND PRACTICE IN AN INTERNATIONAL PERSPECTIVE
    FITZROY, FR
    HART, RA
    ECONOMIC JOURNAL, 1985, 95 (379): : 700 - 713
  • [24] UNEMPLOYMENT-INSURANCE, UNEMPLOYMENT DURATION AND EXCESS SUPPLY OF LABOR
    MAKI, DR
    RELATIONS INDUSTRIELLES-INDUSTRIAL RELATIONS, 1976, 31 (03): : 368 - 378
  • [25] UNEMPLOYMENT-INSURANCE AND LABOR SUPPLY - A SIMULATION OF 1971 UNEMPLOYMENT-INSURANCE ACT
    REA, SA
    CANADIAN JOURNAL OF ECONOMICS-REVUE CANADIENNE D ECONOMIQUE, 1977, 10 (02): : 263 - 278
  • [26] Modeling the Effect of Informal and Formal Jobs on the Dynamics of Unemployment
    Misra, A. K.
    Kumari, Mamta
    INTERNATIONAL JOURNAL OF BIFURCATION AND CHAOS, 2024, 34 (09):
  • [27] Formal insurance and informal risk sharing dynamics
    Lin, Wanchuan
    Meng, Juanjuan
    Weng, Xi
    JOURNAL OF ECONOMIC BEHAVIOR & ORGANIZATION, 2020, 180 : 837 - 863
  • [28] Labor unemployment insurance and firms' future performance
    Wang, Weiwei
    Zheng, Kenneth
    INTERNATIONAL JOURNAL OF MANAGERIAL FINANCE, 2018, 14 (03) : 282 - 300
  • [29] Monopsonistic competition in formal and informal labor markets
    To, Ted
    LABOR MARKETS AND ECONOMIC DEVELOPMENT, 2009, 73 : 139 - 156
  • [30] LABOR MARKET EFFECTS OF UNEMPLOYMENT INSURANCE DESIGN
    Tatsiramos, Konstantinos
    van Ours, Jan C.
    JOURNAL OF ECONOMIC SURVEYS, 2014, 28 (02) : 284 - 311