Blar i Eksterne publiseringer / International and Nordic Publications på forfatter "Basten, Christoph"
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Cash-on-hand and the duration of job search : quasi-experimental evidence from Norway
Basten, Christoph; Fagereng, Andreas; Telle, Kjetil (Journal article; Peer reviewed, 2014-05-23)We identify the causal effect of lump-sum severance payments on non-employment duration in Norway by exploiting a discontinuity in eligibility at age 50. We find that a payment worth 1.2 months’ earnings at the median ... -
Saving and portfolio allocation before and after job loss
Basten, Christoph; Fagereng, Andreas; Telle, Kjetil (Journal article; Peer reviewed, 2016-03-14)We investigate the development of household labor income, financial wealth, and asset holdings over a 9-year period around job loss, using unique administrative panel data from Norway. Consistent with predictions from ...