Measuring the Effect of Unemployment Benefits on the Economy PDF Download
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Author: Marvin K. Bloom
Publisher:
ISBN:
Category :
Languages : en
Pages :
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Author: Marvin K. Bloom
Publisher:
ISBN:
Category :
Languages : en
Pages :
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Author: Aico van Vuuren
Publisher:
ISBN:
Category : Insurance, Unemployment
Languages : en
Pages : 60
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Author: Mary I. Marshalle
Publisher: Nova Publishers
ISBN: 9781600211386
Category : Business & Economics
Languages : en
Pages : 248
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Book Description
The unemployment rate is the number of unemployed workers divided by the total civilian labour force, which includes both the unemployed and those with jobs (all those willing and able to work for pay). In practice, measuring the number of unemployed workers actually seeking work is notoriously difficult. There are several different methods for measuring the number of unemployed workers. Each method has its own biases and the different systems make comparing unemployment statistics between countries, especially those with different systems, difficult. This book brings together diverse new research on this important area of economics.
Author: Klaus-Peter Hellwig
Publisher: International Monetary Fund
ISBN: 1513572687
Category : Business & Economics
Languages : en
Pages : 35
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I use three decades of county-level data to estimate the effects of federal unemployment benefit extensions on economic activity. To overcome the reverse causality coming from the fact that benefit extensions are a function of state unemployment rates, I only use the within-state variation in outcomes to identify treatment effects. Identification rests on a differences-in-differences approach which exploits heterogeneity in county exposure to policy changes. To distinguish demand and supply-side channels, I estimate the model separately for tradable and non-tradable sectors. Finally I use benefit extensions as an instrument to estimate local fiscal multipliers of unemployment benefit transfers. I find (i) that the overall impact of benefit extensions on activity is positive, pointing to strong demand effects; (ii) that, even in tradable sectors, there are no negative supply-side effects from work disincentives; and (iii) a fiscal multiplier estimate of 1.92, similar to estimates in the literature for other types of spending.
Author: Günther Schmid
Publisher: Wayne State University Press
ISBN: 9780814323144
Category : Business & Economics
Languages : en
Pages : 332
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Book Description
This volume examines the impact that the financing and administration systems of labor market policy have on the design of national policies concerning the unemployed. The authors investigated labor market policy in six countries--Austria, France, Federal Republic of Germany. Great Britain, Sweden, and the United States--and determined that the distribution of responsibility for labor market programs, the financing of these programs, and the procedures for determining issues and expenditures differ markedly from country to country. The authors explore how the same economic causes--price changes, technological rationalization, new products--can have very different labor market effects because of institutional factors, such as the job-search behavior of the unemployed, the mobility of the employed, the hiring practices of firms, wage negotiations between trade unions and employers, and the employment policies of different levels of government and their impact on the behavior of labor market forces. Unemployment Insurance and Active Labor Market Policy answers the questions: how much public funding do the unemployed receive in wage-replacement benefits and for how long; how much public funding is devoted for manpower programs and invested in "active" labor market policy; and finally, how are the necessary financial resources made available? In summary, the book investigates the relationship between the financing system and revenues and expenditures for labor market policy, the role played by market policy in employment policy as a whole, and the impact of the financing system for labor market policy on the classical goals of the welfare state. The findings of this comprehensive study should contribute to the redeployment of financial resources from those funds currently being used to finance unemployment (unemployment benefits, unemployment assistance, and public assistance) to financing employment.
Author: Christopher J. O'Leary
Publisher: W. E. Upjohn Institute
ISBN:
Category : Business & Economics
Languages : en
Pages : 792
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Book Description
Discusses the unemployment insurance system in which programmes are operated by each state within the minimum standards established by the federal government.
Author: James M. Poterba
Publisher:
ISBN:
Category : Error analysis (Mathematics)
Languages : en
Pages : 46
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Book Description
This paper develops an algorithm for analyzing discrete events, such as labor market transitions, when some of these transitions are spurious because of measurement errors. Our algorithm extends the standard multinomial logit model, although our basic approach could be used with other stochastic models as well. We apply this algorithm to study the effect of unemployment insurance (UI) on transitions from unemployment to employment and out of the labor force. Our results suggest that VI lengthens unemployment spells by reducing both transition rates, and show that correcting for measurement error strengthens the apparent effect of VI on spell durations.
Author:
Publisher: Springer Science & Business Media
ISBN: 9401580804
Category : Business & Economics
Languages : en
Pages : 495
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Book Description
Since the beginning of the economic crisis of the 1980s considerable research has been dedicated to the study of the unemployment problem. Nevertheless, the phenomenon has not become fully understood, nor are its consequences adequately prevented. In this important new volume, On the Mysteries of Unemployment, economists and social scientists come together to offer the reader the latest insights on unemployment and policies regarding unemployment from the perspectives of both disciplines. On the Mysteries of Unemployment contains four main sections. Part One provides an introductory chapter and general overview. Part Two contains rich contributions that provide new insights from an economic science perspective, while Part Three offers a balanced view from social scientists. The final section is devoted to the examination of policy issues concerning unemployment. This volume, unique in its field, will be of interest to researchers, students, politicians and policy-makers.
Author: Dolores Tremewan Martin
Publisher:
ISBN:
Category : Unemployment
Languages : en
Pages : 16
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Author: Vincenzo Galasso
Publisher:
ISBN:
Category : Economic policy
Languages : en
Pages : 28
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Book Description
This paper provides a novel test of the link from electoral rules to economic policies. We focus on unemployment benefits because their classification as a broad or targeted transfer may vary -- over time and across countries -- according to the geographical dispersion of unemployed citizens, the main beneficiaries of the program. A simple theoretical model delivers unambiguous predictions on the interaction between electoral institutions and the unemployment rate in contestable and safe districts: electoral incentives induce more generous unemployment benefits in majoritarian than in proportional systems if and only if the unemployment rate is higher in contestable than in safe districts. We test this prediction using a novel dataset with information on electoral competitiveness and unemployment rates at district level, and different measures of unemployment benefit generosity for 16 OECD countries between 1980 and 2011. The empirical analysis strongly supports the theoretical predictions.
