In this paper, we review the literature on the spike in unemployment exit rates around benefit exhaustion, and present new evidence based on administrative data for a large sample of job losers in Austria. We find that the way unemployment spells are measured has a large effect on the magnitude...

In this paper, we review the literature on the “spike” in unemployment exit rates aroundbenefit exhaustion, and present new evidence based on administrative data for a largesample of job losers in Austria. We find that the way unemployment spells are measured hasa large effect on the magnitude...