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The Effects Of Reducing The Entitlement Period To Unemployment Insurance Benefits
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Book Synopsis The Effects of Reducing the Entitlement Period to Unemployment Insurance Benefits by : Nynke De Groot
Download or read book The Effects of Reducing the Entitlement Period to Unemployment Insurance Benefits written by Nynke De Groot and published by . This book was released on 2014 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper exploits a substantial reform of the Dutch UI law to study the effect of the entitlement period on job finding and subsequent labor market outcomes. Using detailed administrative data covering the full population we find that reducing the entitlement period increases the job finding rate, but decreases the job quality. Unemployed workers accept more often temporary jobs with lower wages and fewer working hours. Therefore, they also change jobs more frequently. The reform did not affect total post-unemployment earnings indicating that the positive effects on job finding and job turnover cancel out the negative effects on job quality. We also observe a spike in job finding around benefits exhaustion even, although more modest, for individuals who do not experience a drop in benefits level when moving to welfare.
Book Synopsis Effects of Unemployment Insurance Entitlement on Duration and Job Search Outcome by : Arlene Holen
Download or read book Effects of Unemployment Insurance Entitlement on Duration and Job Search Outcome written by Arlene Holen and published by . This book was released on 1976 with total page 98 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Antipoverty Effects of Unemployment Insurance by : Thomas Gabe
Download or read book Antipoverty Effects of Unemployment Insurance written by Thomas Gabe and published by Createspace Independent Pub. This book was released on 2012-10-20 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report examines the antipoverty effects of unemployment insurance benefits during the past recession and the economic recovery. The analysis highlights the impact of the additional and expanded unemployment insurance (UI) benefits available to unemployed workers through the American Recovery and Reinvestment Act (ARRA; P.L. 111-5) and the Emergency Unemployment Compensation (EUC08) program (Title IV of P.L. 110-252). In 2011, approximately 56% of all unemployed individuals were receiving UI benefits (down from a high of 66% in 2010) and thus were directly affected by legislative changes to the UI system. UI benefits appear to have a large poverty-reducing effect among unemployed workers who receive them. Given the extended length of unemployment among jobless workers, the additional weeks of UI benefits beyond the regular program's 26-week limit appear to have had an especially important effect in poverty reduction. Estimates presented in this report are based on Congressional Research Service (CRS) analysis of 25 years of data from the U.S. Census Bureau's Annual Social and Economic Supplement to the Current Population Survey (CPS/ASEC), administered from 1988 to 2012. The period examined includes the three most recent economic recessions. This report contributes to recent research on the antipoverty effects of unemployment insurance in several ways. Its period of analysis allows comparisons across the three most recent recessions. The report includes estimates of the effects on the poverty rate for the unemployed, for those receiving UI, and for families that report at least one family member receiving UI. It also estimates how much of reported UI benefits went directly to decreasing family poverty levels. This report's analysis shows that UI benefits appear to reduce the prevalance of poverty significantly among the population that receives them. The UI benefits' poverty reduction effects appear to be especially important during and immediately after recessions. The analysis also finds that there was a markedly higher impact on poverty in the most recent recession than in the previous two recessionary periods. The estimated antipoverty effects of UI benefits in 2011 were about 50% higher than that of two previous peak years of unemployment—1993 and 2003. In 2011, over one quarter (26.5%) of unemployed people who received UI benefits would have been considered poor prior to taking UI benefits into account; after counting UI benefits, their poverty rate decreased by just under half, to 13.8%. UI receipt affects not only the poverty status of the person receiving the benefit, but the poverty status of all related family members, as well. In 2011, while an estimated 10.2 million people reported UI receipt during the year, an additional 15.8 million family members lived with the 10.2 million receiving the benefit. Consequently, UI receipt in 2011 affected the income status of some 26.0 million persons. In 2011, the poverty rate for persons in families who had received unemployment benefits was almost 40% less than it otherwise would have been. In 2011, UI benefits lifted an estimated 2.3 million people out of poverty, of which well over one quarter (26.8%; 620,000) were children living with a family member who received UI benefits.
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.
Book Synopsis The Effect of State Laws and Economic Factors on Exhaustion Rates for Regular UI Benefits by : Walter Nicholson
Download or read book The Effect of State Laws and Economic Factors on Exhaustion Rates for Regular UI Benefits written by Walter Nicholson and published by . This book was released on 1978 with total page 144 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis On the Extent of Re-entitlement Effects in Unemployment Compensation by :
Download or read book On the Extent of Re-entitlement Effects in Unemployment Compensation written by and published by . This book was released on 2008 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: A dynamic labor matching economy is presented, in which the unemployed are either entitled to unemployment insurance (UI) or unemployment assistance (UA), and the employees are either eligible for UI or UA upon future separations. Eligibility for UI requires a minimum duration of contributions and UI benefits are then paid for a limited duration. Workers are risk-averse and wages are determined in a bilateral Nash bargain. As eligibility for UI does not automatically follow from employment, the two types of unemployed workers have different threat points, which delivers equilibrium wage dispersion. Most of the variables and parameters of the model are estimated using the French sample of the European Community Household Panel (1994-2000). We show that extending the UI entitlement improves the situation of all groups of workers and slightly lowers unemployment, while raising UI benefits harms the unemployed on assistance and raises unemployment. Easier eligibility for UI also improves the situation of all groups of workers and favors relatively more the least well-off than longer entitlement. The re-entitlement effect in France lowers by 10% the rise in the wage and by 13% the rise in unemployment following a 10% increase in benefit levels.
Book Synopsis How Changes in Benefits Entitlement Affect the Duration of Unemployment by : Jan C. van Ours
Download or read book How Changes in Benefits Entitlement Affect the Duration of Unemployment written by Jan C. van Ours and published by . This book was released on 2005 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author :U S Government Accountability Office Publisher :Createspace Independent Publishing Platform ISBN 13 :9781544077000 Total Pages : pages Book Rating :4.0/5 (77 download)
Book Synopsis Unemployment Insurance States' Reductions in Maximum Benefit Durations Have Implications for Federal Costs by : U S Government Accountability Office
Download or read book Unemployment Insurance States' Reductions in Maximum Benefit Durations Have Implications for Federal Costs written by U S Government Accountability Office and published by Createspace Independent Publishing Platform. This book was released on 2017-03-04 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The unemployment insurance (UI) system, a federal and state partnership that provides benefits to eligible workers who have lost their jobs, was under financial pressures during the recent recession and recovery. Since 2011, nine states reduced the maximum length of time (duration) individuals could receive state benefits. These states reduced duration from 26 weeks to as few as 12 weeks, with 20 weeks being the most common new maximum. Compared to states that did not reduce duration, those that did generally had higher unemployment rates and weaker UI trust fund balances and were more likely to have federal loans as their UI reserves became depleted. Officials in five of the nine states said that replenishing their trust fund balance was a key rationale for reducing benefit duration. GAO found that most of the nine states, like other states, also increased employer taxes for their UI program and made other benefit reductions such as by changing UI eligibility rules. Reductions in state benefit durations resulted in some individuals receiving substantially less in total UI benefits. During the period from 2009 through 2013, individuals who exhausted their state benefits could receive additional weeks of benefits from the federal government. The duration of federal benefits was based on the duration of state benefits; shorter maximum state benefit periods resulted in shorter maximum federal benefit periods. As a result, some individuals received substantially less in total UI benefits because the durations of both their state and federal benefits were reduced. For example, in 2013, an individual in a state that had shortened its maximum benefit duration to 20 weeks could have received up to 52.4 additional weeks of federal benefits, for a total of 72.4 weeks. However, had the state maximum duration remained at 26 weeks, that individual could have received up to 67 weeks of federal benefits, for a total of 93 weeks. In contrast, individuals eligible for UI benefits for relatively short periods of time were unaffected by the reduced durations.
Book Synopsis The Cyclical Effects of the Unemployment Insurance (UI) Program by : Bruce H. Dunson
Download or read book The Cyclical Effects of the Unemployment Insurance (UI) Program written by Bruce H. Dunson and published by . This book was released on 1991 with total page 212 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Benefit Entitlement and the Labor Market by : Rafael Lalive
Download or read book Benefit Entitlement and the Labor Market written by Rafael Lalive and published by . This book was released on 2002 with total page 58 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Entitlement to Unemployment Insurance Benefits by : Lillian Chutroo
Download or read book Entitlement to Unemployment Insurance Benefits written by Lillian Chutroo and published by . This book was released on 1963 with total page 72 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Designing Labor Market Institutions in Emerging and Developing Economies by : Mr.Romain A Duval
Download or read book Designing Labor Market Institutions in Emerging and Developing Economies written by Mr.Romain A Duval and published by International Monetary Fund. This book was released on 2019-05-21 with total page 58 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper discusses theoretical aspects and evidences related to designing labor market institutions in emerging market and developing economies. This note reviews the state of theory and evidence on the design of labor market institutions in a developing economy context and then reviews its consistency with actual labor market advice in a selected set of emerging and developing economies. The focus is mainly on three broad sets of institutions that matter for both workers’ protection and labor market efficiency: employment protection, unemployment insurance and social assistance, minimum wages and collective bargaining. Text mining techniques are used to identify IMF recommendations in these areas in Article IV Reports for 30 emerging and frontier economies over 2005–2016. This note has provided a critical review of the literature on the design of labor market institutions in emerging and developing market economies, and benchmarked the advice featured in IMF recommendations for 30 emerging market and frontier economies against the tentative conclusions from the literature.
Book Synopsis Unemployment Insurance by : U.s. Government Accountability Office
Download or read book Unemployment Insurance written by U.s. Government Accountability Office and published by Createspace Independent Publishing Platform. This book was released on 2017-07-28 with total page 78 pages. Available in PDF, EPUB and Kindle. Book excerpt: " As part of the nation's UI system, overseen by DOL, states provide benefits to eligible unemployed workers, with additional weeks of benefits sometimes provided by the federal government in times of economic stress. Since the 1960s, states have had maximum UI benefit durations of 26 weeks or longer. However, since 2011, nine states have reduced their maximum benefit durations: Arkansas, Florida, Georgia, Illinois, Kansas, Michigan, Missouri, North Carolina, and South Carolina. GAO was asked to review the states' reductions. GAO examined (1) the circumstances in which states reduced the maximum duration of UI benefits, (2) the implications of these reductions for individuals, (3) the effects on federal UI costs, and (4) their broader economic effects. GAO reviewed relevant federal and state laws; visited Georgia and Michigan, which had different approaches to reducing durations; analyzed UI program data from 2006 (before the recession) to 2014; and reviewed relevant economic research. "
Book Synopsis States' Reductions of Unemployment Benefits by : Elias Hoffman
Download or read book States' Reductions of Unemployment Benefits written by Elias Hoffman and published by Nova Science Publishers. This book was released on 2015 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: As part of the nation's unemployment insurance (UI) system, overseen by DOL, states provide benefits to eligible unemployed workers, with additional weeks of benefits sometimes provided by the federal government in times of economic stress. Since the 1960s, states have had maximum UI benefit durations of 26 weeks or longer. However, since 2011, nine states have reduced their maximum benefit durations. This book examines the circumstances in which states reduced the maximum duration of UI benefits; the implications of these reductions for individuals; the effects on federal UI costs; and their broader economic effects. Furthermore, the book analyses recent changes to state Unemployment Compensation (UC) programs.
Book Synopsis The Effects of Unemployment Insurance on the Duration of Unemployment and Post Displacement Earnings by : Laura Mary Woodbury
Download or read book The Effects of Unemployment Insurance on the Duration of Unemployment and Post Displacement Earnings written by Laura Mary Woodbury and published by . This book was released on 1995 with total page 114 pages. Available in PDF, EPUB and Kindle. Book excerpt:
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.
Book Synopsis Unemployment Insurance Benefits and Takeup Rates by : Patricia M. Anderson
Download or read book Unemployment Insurance Benefits and Takeup Rates written by Patricia M. Anderson and published by . This book was released on 1994 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt: Despite clear theoretical predictions of UI effects on takeup there is little work on the link between program generosity and the propensity to file for benefits. Administrative data allow us to assign the potential level and duration of benefits accurately for a sample of workers separating from their employers, whether or not UI was ever actually received. We then use these values along with marginal tax rates as our main explanatory variables in logit equation estimates of the probability that a separating employee receives UI. We find a strong positive effect of the benefit level on takeup, but little effect of the potential duration of benefits. The estimates imply elasticities of the takeup rate with respect to benefits of about 0.46 to 0.78. Our estimates also show that potential claimants respond to the tax treatment of benefits. Simulations of the effects of taxing UI benefits indicate that recent tax changes can account for most of the decline in UI receipt in the 1980's. In addition, we find theoretical and empirical support for the proposition that those with short unemployment spells are less likely to file. We show that if the decision to file for UI is affected by benefit levels and the expected duration of unemployment, it will bias estimates of the effects of UI on unemployment duration.
