Rebollo-Sanz, Yolanda Fatima; Rodríguez-Planas, Núria - 2016
In the aftermath of the Great Recession, the Spanish government reduced the replacement rate (RR) from 60% to 50% after 180 days of unemployment for all spells beginning on July 15, 2012. Using Social Security data and a Differences-in-Differences approach, we find that reducing the RR by 10...
