The Effects of Aggregate Unemployment Insurance Benefits in the U.S. on the Operation of a Local Economy

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ISBN 13 :
Total Pages : 78 pages
Book Rating : 4.E/5 ( download)

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Book Synopsis The Effects of Aggregate Unemployment Insurance Benefits in the U.S. on the Operation of a Local Economy by : Ronald L. Oaxaca

Download or read book The Effects of Aggregate Unemployment Insurance Benefits in the U.S. on the Operation of a Local Economy written by Ronald L. Oaxaca and published by . This book was released on 1983 with total page 78 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.

The Impact of Unemployment Insurance Benefits on Local Economies

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Publisher :
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:

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.

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.

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.

Unemployment Insurance

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Publisher :
ISBN 13 :
Total Pages : 412 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Unemployment Insurance by : Ronald G. Bodkin

Download or read book Unemployment Insurance written by Ronald G. Bodkin and published by . This book was released on 1978 with total page 412 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Proceedings of an international conference held September 1-4, 1976 in Vancouver, British Columbia ... as part of the program of Liberty Fund inc., managed by the Fraser Institute and organized by Herbert B. Grubel who also chaired the -- conference." Includes bibliographical references.

Antipoverty Effects of Unemployment Insurance

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Publisher : Createspace Independent Pub
ISBN 13 : 9781480151857
Total Pages : 44 pages
Book Rating : 4.1/5 (518 download)

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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.

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:

Role of Unemployment Insurance as an Automatic Stabilizer During a Recession

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Publisher : DIANE Publishing
ISBN 13 : 1437943373
Total Pages : 86 pages
Book Rating : 4.4/5 (379 download)

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Book Synopsis Role of Unemployment Insurance as an Automatic Stabilizer During a Recession by :

Download or read book Role of Unemployment Insurance as an Automatic Stabilizer During a Recession written by and published by DIANE Publishing. This book was released on with total page 86 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Unemployment Insurance and Its Antipoverty Effects

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Publisher :
ISBN 13 : 9781614703518
Total Pages : 0 pages
Book Rating : 4.7/5 (35 download)

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Book Synopsis Unemployment Insurance and Its Antipoverty Effects by : Alan D. MacKenna

Download or read book Unemployment Insurance and Its Antipoverty Effects written by Alan D. MacKenna and published by . This book was released on 2011 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines the antipoverty effects of unemployment insurance (UI) benefits over the past three recessions. The analysis especially focuses on the most recent recession, from which the economy has only just begun to recover. It highlights the impact of the additional and expanded benefits available to unemployed workers in response to the most recent recession. A period of unemployment greatly increases the odds that a worker and members of the worker's family will be counted among the nation's poor. A variety of social insurance benefits may be available for unemployed workers. UI benefits provide a cash supplement to replace a portion of lost wages to qualified unemployed individuals. Two main objectives of the joint federal-state unemployment insurance program are to provide temporary and partial wage replacement to involuntarily unemployed workers and to stabilize the economy during recessions.

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.

The Economic Effects of Unemployment Insurance Benefits on Unemployed Workers' Job Search

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Publisher :
ISBN 13 :
Total Pages : 103 pages
Book Rating : 4.:/5 (296 download)

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Book Synopsis The Economic Effects of Unemployment Insurance Benefits on Unemployed Workers' Job Search by : Ronald G. Ehrenberg

Download or read book The Economic Effects of Unemployment Insurance Benefits on Unemployed Workers' Job Search written by Ronald G. Ehrenberg and published by . This book was released on 1976 with total page 103 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Unemployment Insurance Research

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Publisher :
ISBN 13 :
Total Pages : 178 pages
Book Rating : 4.:/5 (31 download)

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Book Synopsis Unemployment Insurance Research by :

Download or read book Unemployment Insurance Research written by and published by . This book was released on 1999 with total page 178 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Effects of Unemployment Insurance on the Duration of Unemployment and Post Displacement Earnings

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Publisher :
ISBN 13 :
Total Pages : 114 pages
Book Rating : 4.:/5 (56 download)

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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:

Unemployment Insurance Benefits and Takeup Rates

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Publisher :
ISBN 13 :
Total Pages : 50 pages
Book Rating : 4.:/5 (321 download)

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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.