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KMID : 1124020100260020145
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Korean Social Security Studies
2010 Volume.26 No. 2 p.145 ~ p.171
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The Effect of Unemployment Benefit on Employment Performance
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Yoon Jeong-Hyang
Lee Si-Kyoon
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Abstract
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This paper analyzes the effect of unemployment benefit on employment performance, using the data of the Regional Employment Statistics and the administrative data of unemployment benefit. To assess the effect of unemployment benefit, the authors introduce the method of Cox Proportional Hazard at micro level and multilevel logit model at macro level. By micro analysis, we found that unemployment benefit increases reemployment hazard of recipients, but reemployment hazard decreases with unemployment benefit duration, level, replacement rate. Also unemployment benefit promotes possibility of labor market participation and employment at macro analysis. These results suggest that more improvement of unemployment benefit enhances employment performance.
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KEYWORD
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unemployment benefit, reemployment hazard, multilevel logit model, replacement rate, employment performance
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