Labor Supply Effects of Unemployment Insurance Benefits

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Publisher :
ISBN 13 :
Total Pages : 32 pages
Book Rating : 4.:/5 (634 download)

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Book Synopsis Labor Supply Effects of Unemployment Insurance Benefits by : Margaret M. Capen

Download or read book Labor Supply Effects of Unemployment Insurance Benefits written by Margaret M. Capen and published by . This book was released on 1982 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Unemployment Insurance and Labor Supply

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Publisher :
ISBN 13 :
Total Pages : 48 pages
Book Rating : 4.3/5 ( download)

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Book Synopsis Unemployment Insurance and Labor Supply by : Gary T. Burtless

Download or read book Unemployment Insurance and Labor Supply written by Gary T. Burtless and published by . This book was released on 1990 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt:

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

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Publisher : International Monetary Fund
ISBN 13 : 1513572687
Total Pages : 35 pages
Book Rating : 4.5/5 (135 download)

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Book Synopsis Supply and Demand Effects of Unemployment Insurance Benefit Extensions: Evidence from U.S. Counties by : Klaus-Peter Hellwig

Download or read book Supply and Demand Effects of Unemployment Insurance Benefit Extensions: Evidence from U.S. Counties written by Klaus-Peter Hellwig and published by International Monetary Fund. This book was released on 2021-03-12 with total page 35 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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

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Publisher : Univ of Wisconsin Press
ISBN 13 : 9780299123543
Total Pages : 506 pages
Book Rating : 4.1/5 (235 download)

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Book Synopsis Unemployment Insurance by : W. Lee Hansen

Download or read book Unemployment Insurance written by W. Lee Hansen and published by Univ of Wisconsin Press. This book was released on 1989-12-31 with total page 506 pages. Available in PDF, EPUB and Kindle. Book excerpt: Modeled after Wisconsin's own unemployment compensation plan in the 1930s, federal unemployment insurance has long been considered one of the most important public policy achievements of the New Deal. Always paying benefits according to legislative and administrative guidelines and never requiring a taxpayer bailout, the program has nonetheless undergone strains induced by structural changes in both the economy and the prevailing political milieu. An outgrowth of a conference to celebrate the program's fiftieth anniversary, the papers collected in this volume describe the history of the program, analyze the strains it has undergone and that it faces in the 1990s, delineate the source of current debates over unemployment compensation, and offer suggestions for the future of the program.

Labor Supply Effects of Extended Unemployment Benefits

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Publisher :
ISBN 13 :
Total Pages : 12 pages
Book Rating : 4.:/5 (19 download)

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Book Synopsis Labor Supply Effects of Extended Unemployment Benefits by : Gary Solon

Download or read book Labor Supply Effects of Extended Unemployment Benefits written by Gary Solon and published by . This book was released on 1978 with total page 12 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Labor Supply and Social Welfare Benefits in the United States

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Publisher :
ISBN 13 :
Total Pages : 66 pages
Book Rating : 4.:/5 ( download)

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Book Synopsis Labor Supply and Social Welfare Benefits in the United States by : Robert J. Lampman

Download or read book Labor Supply and Social Welfare Benefits in the United States written by Robert J. Lampman and published by . This book was released on 1978 with total page 66 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Effects of Unemployment Insurance Benefits

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Publisher :
ISBN 13 :
Total Pages : 48 pages
Book Rating : 4.:/5 (957 download)

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Book Synopsis The Effects of Unemployment Insurance Benefits by : Johannes F. Schmieder

Download or read book The Effects of Unemployment Insurance Benefits written by Johannes F. Schmieder and published by . This book was released on 2016 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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 and Active Labor Market Policy

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Publisher : Wayne State University Press
ISBN 13 : 9780814323144
Total Pages : 332 pages
Book Rating : 4.3/5 (231 download)

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Book Synopsis Unemployment Insurance and Active Labor Market Policy by : Günther Schmid

Download or read book Unemployment Insurance and Active Labor Market Policy written by Günther Schmid and published by Wayne State University Press. This book was released on 1992 with total page 332 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Labor Market Changes and Unemployment Insurance Benefit Availablility

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Publisher :
ISBN 13 :
Total Pages : 112 pages
Book Rating : 4.:/5 (31 download)

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Book Synopsis Labor Market Changes and Unemployment Insurance Benefit Availablility by : Wayne Vroman

Download or read book Labor Market Changes and Unemployment Insurance Benefit Availablility written by Wayne Vroman and published by . This book was released on 1998 with total page 112 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Optimal Unemployment Insurance

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Publisher : Mohr Siebeck
ISBN 13 : 9783161493041
Total Pages : 204 pages
Book Rating : 4.4/5 (93 download)

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Book Synopsis Optimal Unemployment Insurance by : Andreas Pollak

Download or read book Optimal Unemployment Insurance written by Andreas Pollak and published by Mohr Siebeck. This book was released on 2007 with total page 204 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

How Much Does Unemployment Insurance Increase the Unemployment Rate and Reduce Work, Earnings, and Efficiency

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ISBN 13 :
Total Pages : 48 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis How Much Does Unemployment Insurance Increase the Unemployment Rate and Reduce Work, Earnings, and Efficiency by : Irwin Garfinkel

Download or read book How Much Does Unemployment Insurance Increase the Unemployment Rate and Reduce Work, Earnings, and Efficiency written by Irwin Garfinkel and published by . This book was released on 1976 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Unemployment Insurance Reform

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Publisher : W.E. Upjohn Institute
ISBN 13 : 0880996528
Total Pages : 247 pages
Book Rating : 4.8/5 (89 download)

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Book Synopsis Unemployment Insurance Reform by : David E. Balducchi

Download or read book Unemployment Insurance Reform written by David E. Balducchi and published by W.E. Upjohn Institute. This book was released on 2018-09-11 with total page 247 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Spousal Labor Supply as Insurance

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Publisher :
ISBN 13 :
Total Pages : 56 pages
Book Rating : 4.3/5 (243 download)

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Book Synopsis Spousal Labor Supply as Insurance by : Jonathan Gruber

Download or read book Spousal Labor Supply as Insurance written by Jonathan Gruber and published by . This book was released on 1996 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt: We consider the role of spousal labor supply as insurance against spells of unemployment. Standard theory suggests that women should work more when their husbands are out of work (the Added Worker Effect or AWE), but there has been little empirical support for this contention. We too find little evidence of an AWE over the 1984-1993 period. We suggest that one reason for the absence of the AWE may be that unemployment insurance (UI) is providing a state-contingent income stream that counteracts the negative income shock from the husband's unemployment. We in fact find that increases in the generosity of UI lower labor supply among wives of unemployed husbands. Our results suggest that UI is crowding out a sizeable fraction of offsetting spousal earnings in response to unemployment spells, although even in the absence of a UI system the spousal response would only make up a small share of the associated reduction in family income. We also find evidence that families are making labor supply decisions in a life cycle context, since there are effects of UI on the labor supply of wives of employed husbands who face high unemployment risk. Yet, couples do not appear able to smooth the labor supply response to UI income flows equally over periods of employment and unemployment, suggesting the presence of liquidity constraints. Finally, wives in families with small children are more responsive to UI benefits in their labor supply decisions, which is consistent with the notion that they have a higher opportunity cost of market work.

Effect of Unemployment Insurance on Duration of Unemployment

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Publisher :
ISBN 13 :
Total Pages : 124 pages
Book Rating : 4.E/5 ( download)

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Book Synopsis Effect of Unemployment Insurance on Duration of Unemployment by : Raymond P. H. Fishe

Download or read book Effect of Unemployment Insurance on Duration of Unemployment written by Raymond P. H. Fishe and published by . This book was released on 1980 with total page 124 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Work Disincentive Effects of Unemployment Insurance

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Publisher :
ISBN 13 :
Total Pages : 88 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis The Work Disincentive Effects of Unemployment Insurance by : Raymond Munts

Download or read book The Work Disincentive Effects of Unemployment Insurance written by Raymond Munts and published by . This book was released on 1974 with total page 88 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Duration of Unemployment Benefits and Quality of Post-unemployment Jobs

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Publisher : World Bank Publications
ISBN 13 :
Total Pages : 33 pages
Book Rating : 4./5 ( download)

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Book Synopsis Duration of Unemployment Benefits and Quality of Post-unemployment Jobs by : Jan C. van Ours

Download or read book Duration of Unemployment Benefits and Quality of Post-unemployment Jobs written by Jan C. van Ours and published by World Bank Publications. This book was released on 2006 with total page 33 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper investigates how the potential duration of unemployment benefits affects the quality of post-unemployment jobs. It takes advantage of a natural experiment introduced by a change in Slovenia's unemployment insurance law that substantially reduced the potential benefit duration. Although this reduction strongly increased job finding rates, the quality of the post-unemployment jobs remained unaffected. The paper finds that the law change had no effect on the type of contract (temporary versus permanent), the duration of the post-unemployment job, or the wage earned in the job.

The Impact of Unemployment Insurance Benefits on Local Economies

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ISBN 13 :
Total Pages : 88 pages
Book Rating : 4.E/5 ( download)

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Book Synopsis The Impact of Unemployment Insurance Benefits on Local Economies by : United States. Employment and Training Administration

Download or read book The Impact of Unemployment Insurance Benefits on Local Economies written by United States. Employment and Training Administration and published by . This book was released on 1979 with total page 88 pages. Available in PDF, EPUB and Kindle. Book excerpt: