We identify the causal effect of lump-sum severance payments on non-employment duration in Norway by exploiting a … constraints. Finding liquidity constraints in Norway, despite its equitable wealth distribution and generous welfare state, means …

We identify the causal effect of lump-sum severance payments on non-employment duration in Norway by exploiting a …. Finding liquidity constraints in Norway, despite its equitable wealth distribution and generous welfare state, means they are …

introduction of a soft constraint appears particularly effective; our results show that the expected unemployment duration falls by …Based on a sequence of reforms in the Norwegian unemployment insurance (UI) system, we show that activity-oriented UI … regimes - i.e., regimes with a high likelihood of required participation in active labor market programs, duration limitations …

We evaluate the impact of labour market programmes on unemployment durations in Norway, by means of a distribution …