-policy allow us to study effects of both subsidy rate and subsidy duration. We find that doubling of the subsidy rate has a … substantial impact on job finding rates but that doubled subsidy duration has no such effect. We find the opposite pattern when we … positive employment effect of doubling the subsidy duration persists after the expiry of the employment subsidies. …

effect of a timing-chosen treatment on an event duration of interest does not hold. The main problem is that the … Statistical Society, Series B) that requires independence between the waiting duration until treatment and the event duration, but …