@TechReport{iza:izadps:dp14194,
            	author={Kyyrä, Tomi},
            	title={The Effects of Unemployment Assistance on Unemployment Exits},
            	year={2021},
	month={Mar},
            	institution={Institute of Labor Economics (IZA)},
            	address={Bonn},
            	type={IZA Discussion Paper},
            	number={14194},
            	url={https://www.iza.org/publications/dp14194},
	abstract={Many countries have a two-tiered unemployment compensation system which provides earnings-related unemployment insurance for a limited period of time and less generous unemployment assistance thereafter. This study evaluates the effects of a reform in Finland that increased the level of unemployment assistance by 22%. The reform led to a drop of 9% in the unemployment exit hazard, which can be attributed to fewer exits to both employment and inactivity. The implied elasticities suggest that a 10% increase in unemployment assistance reduces the unemployment exit hazard by 4% and the job finding hazard by 6%. These effects are relatively small compared to the existing evidence on the effects of unemployment insurance benefits.},
	keywords={unemployment assistance;labor market subsidy;hazard rate;unemployment duration},
            }