Front-Loading the Unemployment Benefit: An Empirical Assessment
利用匈牙利2005年失业救济金发放路径的突变，研究发现提前发放救济金使非就业时长缩短两周，再就业工资提高1.4%，且行为反应足以抵消保险成本增加，表明该政策是帕累托改进。
We estimate the effect of front-loading unemployment benefit payments on nonemployment duration and reemployment wages. Exploiting a sharp change in the path of benefits for those who claimed unemployment benefits after November 1, 2005 in Hungary, we show that nonemployment duration fell by two weeks, while reemployment wages rose by 1.4 percent as a result of front-loading. We show that these behavioral responses were large enough to offset the mechanical cost increase of the unemployment insurance. We argue that our results indicate that benefit front-loading was a Pareto improving policy reform as both unemployed and employed workers were made better off.