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Cessation of Activity Benefit for Spanish Self-employed Workers: A Heterogeneous Impact Evaluation

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dc.contributor.authorMoral Arce, Ignacio
dc.contributor.authorMartín Román, Javier
dc.contributor.authorMartín-Román, Ángel L.
dc.date.accessioned2025-01-29T14:39:28Z
dc.date.available2025-01-29T14:39:28Z
dc.date.issued2019-05
dc.description.abstractThe goal of this paper is to evaluate the effects of a public policy implemented through the Spanish Social Security system: the Cessation of Activity Benefit (CAB) for self-employed workers. Making use of the Continuous Sample of Working Lives (MCVL) and by means of a Propensity Score Matching (PSM) methodology, our results show that, when we do not take into account heterogeneity in the treatment, self-employed workers receiving CAB experience non-employment spells between 33 and 38 logarithmic points longer than their not entitled counterparts. We also detect that this difference is not constant but depends on the likelihood of being treated. We believe that the two traditional problems that affect the insurance markets, consequence of the asymmetric information, adverse selection and moral hazard, are behind these results.en
dc.description.versionversión publicada
dc.identifier.citationgnacio Moral-Arce & Javier Martín-Román & Ángel L. Martín-Román, 2019. "Cessation of Activity Benefit for Spanish Self-employed Workers: A Heterogeneous Impact Evaluation," Hacienda Pública Española / Review of Public Economics, IEF, vol. 231(4), pages 41-79, December.
dc.identifier.doihttps://doi.org/10.7866/hpe-rpe.19.4.2
dc.identifier.issn0210-1173
dc.identifier.urihttps://hdl.handle.net/20.500.14468/25657
dc.journal.issue(4/2019)
dc.journal.titleHacienda Pública Española / Review of Public Economics,
dc.journal.volume231
dc.language.isoes
dc.page.final79
dc.page.initial41
dc.publisherInstituto de Estudios Fiscales
dc.relation.centerFacultad de Ciencias Económicas y Empresariales
dc.relation.departmentEconomía Aplicada y Gestión Pública
dc.rightsinfo:eu-repo/semantics/openAccess
dc.rights.urihttp://creativecommons.org/licenses/by-nc-nd/4.0/deed.es
dc.subject53 Ciencias Económicas::5309 Organización de la industrial y política económica pública
dc.subject.keywordsSelf-employmenten
dc.subject.keywordsimpact evaluationen
dc.subject.keywordspropensity score matchingen
dc.subject.keywordsopportunistic Behavioren
dc.titleCessation of Activity Benefit for Spanish Self-employed Workers: A Heterogeneous Impact Evaluationes
dc.typeartículoes
dc.typejournal articleen
dspace.entity.typePublication
person.familyNameMartín Román
person.givenNameJavier
relation.isAuthorOfPublicationb69e0e83-df13-4ce5-93d2-629d0abeafaf
relation.isAuthorOfPublication.latestForDiscoveryb69e0e83-df13-4ce5-93d2-629d0abeafaf
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