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In Portugal duration of benefits is exclusively age determined while replacement rates are to all intents and purposes uniform. We exploit differences in potential maximum duration of benefits for nearly matched pairs of individuals who differ in age by one year and in potential maximum duration...
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states, namely, inactivity and employment. The major innovation is our recognition of defective risks. We first use a …
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periodicity of the resulting job match. Emphasis is accorded the role of the public employment service. Despite its frequency as a … search vehicle, the state employment agency is shown to have a low hit rate, and to lead to lower-paying, shorter …
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