Unemployment Compensation in a Stable Economy

Unemployment Compensation in a Stable Economy PDF Author: Henry William Steinhaus
Publisher:
ISBN:
Category : Unemployment insurance
Languages : en
Pages : 20

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Book Description

Unemployment Compensation in a Stable Economy

Unemployment Compensation in a Stable Economy PDF Author: Henry William Steinhaus
Publisher:
ISBN:
Category : Unemployment insurance
Languages : en
Pages : 20

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Book Description


A European Unemployment Benefit Scheme

A European Unemployment Benefit Scheme PDF Author: Bertelsmann Stiftung
Publisher: Verlag Bertelsmann Stiftung
ISBN: 3867936013
Category : Business & Economics
Languages : en
Pages : 175

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Book Description
The recent euro crisis and the dramatic increase of unemployment in some euro countries have triggered a renewed interest in a fiscal capacity for the European Union to stabilize the economy of its member states. One of the proposed instruments is a common European unemployment insurance. In this book Sebastian Dullien from the HTW Berlin provides and evaluates a blueprint for such a scheme. Building on lessons from the unemployment insurance in the United States of America, he outlines how a European unemployment benefit scheme could be constructed to provide significant stabilization to national business cycles, yet without strongly extending social protection in Europe. Macroeconomic stabilization effects and payment flows between countries are simulated and options, potential pitfalls and existing concerns discussed.

Optimal Unemployment Insurance

Optimal Unemployment Insurance PDF Author: Andreas Pollak
Publisher: Mohr Siebeck
ISBN: 9783161493041
Category : Business & Economics
Languages : en
Pages : 204

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Book Description
Designing a good unemployment insurance scheme is a delicate matter. In a system with no or little insurance, households may be subject to a high income risk, whereas excessively generous unemployment insurance systems are known to lead to high unemployment rates and are costly both from a fiscal perspective and for society as a whole. Andreas Pollak investigates what an optimal unemployment insurance system would look like, i.e. a system that constitutes the best possible compromise between income security and incentives to work. Using theoretical economic models and complex numerical simulations, he studies the effects of benefit levels and payment durations on unemployment and welfare. As the models allow for considerable heterogeneity of households, including a history-dependent labor productivity, it is possible to analyze how certain policies affect individuals in a specific age, wealth or skill group. The most important aspect of an unemployment insurance system turns out to be the benefits paid to the long-term unemployed. If this parameter is chosen too high, a large number of households may get caught in a long spell of unemployment with little chance of finding work again. Based on the predictions in these models, the so-called "Hartz IV" labor market reform recently adopted in Germany should have highly favorable effects on the unemployment rates and welfare in the long run.

The Economics of Unemployment Compensation

The Economics of Unemployment Compensation PDF Author: Princeton University. Industrial Relations Section
Publisher:
ISBN:
Category : Insurance
Languages : en
Pages : 278

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Unemployment Insurance Reform

Unemployment Insurance Reform PDF Author: David E. Balducchi
Publisher: W.E. Upjohn Institute
ISBN: 0880996528
Category : Political Science
Languages : en
Pages : 247

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Book Description
The Unemployment Insurance (UI) system is a lasting piece of the Social Security Act which was enacted in 1935. But like most things that are over 80 years old, it occasionally needs maintenance to keep it operating smoothly while keeping up with the changing demands placed upon it. However, the UI system has been ignored by policymakers for decades and, say the authors, it is broken, out of date, and badly in need of repair. Stephen A. Wandner pulls together a group of UI researchers, each with decades of experience, who describe the weaknesses in the current system and propose policy reforms that they say would modernize the system and prepare us for the next recession.

Jobless Pay and the Economy

Jobless Pay and the Economy PDF Author: Daniel S. Hamermesh
Publisher: Baltimore : Johns Hopkins University Press
ISBN:
Category : Business & Economics
Languages : en
Pages : 138

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Book Description
Monograph on the economic implications of unemployment benefit in the USA - sets out the financing, beneficiaries and regulations governing payment of such insurance, and examines its effects on unemployment, job searching, employer behaviour, business cycles and purchasing power, etc. Bibliography pp. 112 to 114, references and statistical tables.

Supply and Demand Effects of Unemployment Insurance Benefit Extensions: Evidence from U.S. Counties

Supply and Demand Effects of Unemployment Insurance Benefit Extensions: Evidence from U.S. Counties PDF Author: Klaus-Peter Hellwig
Publisher: International Monetary Fund
ISBN: 1513572687
Category : Business & Economics
Languages : en
Pages : 35

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Book Description
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.

Who Benefits from State and Local Economic Development Policies?

Who Benefits from State and Local Economic Development Policies? PDF Author: Timothy J. Bartik
Publisher:
ISBN: 9780880991131
Category : Economic development
Languages : en
Pages : 0

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Book Description


Foreign Exchange Value of the Dollar

Foreign Exchange Value of the Dollar PDF Author:
Publisher:
ISBN:
Category : Dollar, American
Languages : en
Pages : 32

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Book Description


Downsizing the Federal Government

Downsizing the Federal Government PDF Author: Chris Edwards
Publisher: Cato Institute
ISBN: 1933995513
Category : Political Science
Languages : en
Pages : 263

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Book Description
The federal government is running huge budget deficits, spending too much, and heading toward a financial crisis. Federal spending soared under President George W. Bush, and the costs of programs for the elderly are set to balloon in coming years. Hurricane Katrina has made the federal budget situation even more desperate. In Downsizing the Federal Government Cato Institute budget expert Chris Edwards provides policymakers with solutions to the growing federal budget mess. Edwards identifies more than 100 federal programs that should be terminated, transferred to the states, or privatized in order to balance the budget and save hundreds of billions of dollars. Edwards proposes a balanced reform package of cuts to entitlements, domestic programs, and excess defense spending. He argues that these cuts would not only eliminate the deficit, but also strengthen the economy, enlarge personal freedom, and leave a positive fiscal legacy for the next generation. Downsizing the Federal Government discusses the systematic causes of wasteful spending, and it overflows with examples of federal programs that are obsolete and mismanaged. The book examines the budget process and shows how policymakers act contrary to the interests of average Americans by favoring special interests.