Author: Raymond Munts
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 88
Book Description
Report on the work disincentive effects of unemployment benefit in the USA - analyses the increased unemployment effects and counter-business cycle effects on selected population groups, and includes theoretics and empirical studies. References and statistical tables.
The Work Disincentive Effects of Unemployment Insurance
Author: Raymond Munts
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 88
Book Description
Report on the work disincentive effects of unemployment benefit in the USA - analyses the increased unemployment effects and counter-business cycle effects on selected population groups, and includes theoretics and empirical studies. References and statistical tables.
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 88
Book Description
Report on the work disincentive effects of unemployment benefit in the USA - analyses the increased unemployment effects and counter-business cycle effects on selected population groups, and includes theoretics and empirical studies. References and statistical tables.
Unemployment Insurance and the Work Disincentive Effect
Author: Michael D. Klausner
Publisher:
ISBN:
Category : Unemployment
Languages : en
Pages : 39
Book Description
Publisher:
ISBN:
Category : Unemployment
Languages : en
Pages : 39
Book Description
Systemic Disincentive Effects of the Unemployment Insurance Program
Author: Wayne Vroman
Publisher:
ISBN:
Category : Unemployed
Languages : en
Pages : 44
Book Description
This report introduces and describes the Unemployment Insurance (UI) program that provides short-term income support payments to eligible persons whose unemployment is caused by circumstances beyond their control. This report summarizes and critically assesses the relevant UI research conducted since the mid-1970s. This review is selective, and reflects the author's judgment as to the most influential work in the field. The review draws conclusions about the strength of research findings. It also identifies areas where our understanding is too limited to draw strong conclusions. Finally, recommendations for further research are offered.
Publisher:
ISBN:
Category : Unemployed
Languages : en
Pages : 44
Book Description
This report introduces and describes the Unemployment Insurance (UI) program that provides short-term income support payments to eligible persons whose unemployment is caused by circumstances beyond their control. This report summarizes and critically assesses the relevant UI research conducted since the mid-1970s. This review is selective, and reflects the author's judgment as to the most influential work in the field. The review draws conclusions about the strength of research findings. It also identifies areas where our understanding is too limited to draw strong conclusions. Finally, recommendations for further research are offered.
Supply and Demand Effects of Unemployment Insurance Benefit Extensions: Evidence from U.S. Counties
Author: Klaus-Peter Hellwig
Publisher: International Monetary Fund
ISBN: 1513572687
Category : Business & Economics
Languages : en
Pages : 35
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.
Publisher: International Monetary Fund
ISBN: 1513572687
Category : Business & Economics
Languages : en
Pages : 35
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.
Unemployment Insurance--inequities and Work Disincentives in the Current System
Author: United States. General Accounting Office
Publisher:
ISBN:
Category : Insurance, Unemployment
Languages : en
Pages : 68
Book Description
Publisher:
ISBN:
Category : Insurance, Unemployment
Languages : en
Pages : 68
Book Description
The Effects of Unemployment Insurance Benefits
Author: Johannes F. Schmieder
Publisher:
ISBN:
Category : Unemployment insurance
Languages : en
Pages : 48
Book Description
The Great Recession has renewed interest in Unemployment Insurance (UI) programs around the world. At the same time, there have been important advances in both theory and measurement of UI. In this paper, we first use the theory to present a unified treatment of the welfare effects of UI benefit levels and durations and derive convenient expressions of the disincentive effect of UI. We then discuss recent estimates of the effect of UI benefit levels and durations on labor supply based, to a large extent, on high-quality research designs and administrative data. We relate these estimates directly to the sufficient statistics identified by the model. We also discuss several active and open areas of research on UI. These include the effect of UI on aggregate labor market outcomes, the effect of UI on job outcomes, the long-term effects of UI, the effects of UI under non-standard behavioral assumptions, and the interactions of UI with other programs. While our review of the new experimental estimates confirms the range of negative labor supply effects of the previous literature, we show based on the model that these estimates are imperfect proxies for the actual disincentive effects. We also isolate several important areas in need for additional research, including estimates of the social value of UI as well as the effects of UI in less-developed countries.
Publisher:
ISBN:
Category : Unemployment insurance
Languages : en
Pages : 48
Book Description
The Great Recession has renewed interest in Unemployment Insurance (UI) programs around the world. At the same time, there have been important advances in both theory and measurement of UI. In this paper, we first use the theory to present a unified treatment of the welfare effects of UI benefit levels and durations and derive convenient expressions of the disincentive effect of UI. We then discuss recent estimates of the effect of UI benefit levels and durations on labor supply based, to a large extent, on high-quality research designs and administrative data. We relate these estimates directly to the sufficient statistics identified by the model. We also discuss several active and open areas of research on UI. These include the effect of UI on aggregate labor market outcomes, the effect of UI on job outcomes, the long-term effects of UI, the effects of UI under non-standard behavioral assumptions, and the interactions of UI with other programs. While our review of the new experimental estimates confirms the range of negative labor supply effects of the previous literature, we show based on the model that these estimates are imperfect proxies for the actual disincentive effects. We also isolate several important areas in need for additional research, including estimates of the social value of UI as well as the effects of UI in less-developed countries.
Unemployment Insurance
Author: Christopher Green
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 232
Book Description
Unemployment insurance is the federal government's largest single social program and its most controversial. This document asks: How do we make unemployment insurance work? Two papers, by Christopher Green and Fred Lazar, give very direct, if also very differenct, answers to that question. Two other papers, by Miles Corak and Dominique Gross, provide background analysis on what economic research has discovered about the workings of Canada's unemployment insurance program and how other countries handle unemployment insurance.
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 232
Book Description
Unemployment insurance is the federal government's largest single social program and its most controversial. This document asks: How do we make unemployment insurance work? Two papers, by Christopher Green and Fred Lazar, give very direct, if also very differenct, answers to that question. Two other papers, by Miles Corak and Dominique Gross, provide background analysis on what economic research has discovered about the workings of Canada's unemployment insurance program and how other countries handle unemployment insurance.
How Much Does Unemployment Insurance Increase the Unemployment Rate and Reduce Work, Earnings, and Efficiency
Author: Irwin Garfinkel
Publisher:
ISBN:
Category : Unemployed
Languages : en
Pages : 48
Book Description
Publisher:
ISBN:
Category : Unemployed
Languages : en
Pages : 48
Book Description
Unemployment Insurance and Unemployment
Author: Carl Davidson
Publisher:
ISBN:
Category : Employment re-entry
Languages : en
Pages : 52
Book Description
Publisher:
ISBN:
Category : Employment re-entry
Languages : en
Pages : 52
Book Description
Unemployment Insurance, Wage Changes and Search Behavior
Author: Henry E. Felder
Publisher:
ISBN:
Category : Income maintenance programs
Languages : en
Pages : 94
Book Description
Publisher:
ISBN:
Category : Income maintenance programs
Languages : en
Pages : 94
Book Description