Resumen
Idioma original | English (US) |
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Páginas (desde-hasta) | 1 - 18 |
Publicación | Management Science |
DOI | |
Estado | Published - 2016 |
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Does the Unemployment Benefit Institution Affect the Productivity of Workers? Evidence from the Field. / Vargas Duque, Juan Fernando; Blanco, Mariana; Dalton, Patricio S. .
En: Management Science, 2016, p. 1 - 18 .Resultado de la investigación: Contribución a Revista › Artículo
TY - JOUR
T1 - Does the Unemployment Benefit Institution Affect the Productivity of Workers? Evidence from the Field
AU - Vargas Duque, Juan Fernando
AU - Blanco, Mariana
AU - Dalton, Patricio S.
PY - 2016
Y1 - 2016
N2 - This paper studies the effects of unemployment benefit schemes on individual productivity. We created employment and unemployment in the field and compared workers’ productivity under no unemployment benefits to productivity under two different unemployment schemes. In one scheme, the unemployed received an unconditional monetary transfer. In the other, the monetary transfer was obtained conditional on the unemployed spending some time on an ancillary activity. Our results challenge the standard economic theory prediction that unemployment benefits, especially unconditional compensations, hinder workers’ effort. We find that workers employed under the unconditional scheme are more productive than workers under the conditional one, and both schemes make workers more productive than having no unemployment benefit. We discuss two possible explanations for our results based on reciprocity and differential psychological costs of unemployment across unemployment benefit schemes.
AB - This paper studies the effects of unemployment benefit schemes on individual productivity. We created employment and unemployment in the field and compared workers’ productivity under no unemployment benefits to productivity under two different unemployment schemes. In one scheme, the unemployed received an unconditional monetary transfer. In the other, the monetary transfer was obtained conditional on the unemployed spending some time on an ancillary activity. Our results challenge the standard economic theory prediction that unemployment benefits, especially unconditional compensations, hinder workers’ effort. We find that workers employed under the unconditional scheme are more productive than workers under the conditional one, and both schemes make workers more productive than having no unemployment benefit. We discuss two possible explanations for our results based on reciprocity and differential psychological costs of unemployment across unemployment benefit schemes.
U2 - 10.1287/mnsc.2016.2511
DO - 10.1287/mnsc.2016.2511
M3 - Article
SP - 1
EP - 18
JO - Management Science
JF - Management Science
SN - 0025-1909
ER -