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Do Extended Unemployment Benefits Lengthen Unemployment Spells Evidence From Recent Cycles In The Us Labor Market
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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.
Book Synopsis Modern Labor Economics by : Ronald G. Ehrenberg
Download or read book Modern Labor Economics written by Ronald G. Ehrenberg and published by Routledge. This book was released on 2017-07-31 with total page 776 pages. Available in PDF, EPUB and Kindle. Book excerpt: Modern Labor Economics: Theory and Public Policy, now in its thirteenth edition, continues to be the leading text for one-semester courses in labor economics at the undergraduate and graduate levels. It offers a thorough overview of the modern theory of labor market behavior, and reveals how this theory is used to analyze public policy. Designed for students who may not have extensive backgrounds in economics, the text balances theoretical coverage with examples of practical applications that allow students to see concepts in action. Experienced educators for nearly four decades, co-authors Ehrenberg and Smith believe that showing students the social implications of the concepts discussed in the course will enhance their motivation to learn. As such, this text presents numerous examples of policy decisions that have been affected by the ever-shifting labor market. This new edition continues to offer: a balance of relevant, contemporary examples; coverage of the current economic climate; introduction to basic methodological techniques and problems; tools for review and further study. In addition to providing updated data and examples throughout, the thirteenth edition offers greater coverage of inequality, healthcare policy, and labor-replacing technologies. The text is also supported by a full range of companion online materials.
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.
Book Synopsis Modern Labor Economics by : Ronald Ehrenberg
Download or read book Modern Labor Economics written by Ronald Ehrenberg and published by Taylor & Francis. This book was released on 2021-08-23 with total page 783 pages. Available in PDF, EPUB and Kindle. Book excerpt: Modern Labor Economics: Theory and Public Policy, now in its fourteenth edition, continues to be the leading text for one-semester courses in labor economics at the undergraduate and graduate levels. It offers a thorough overview of the modern theory of labor market behavior and reveals how this theory is used to analyze public policy. Designed for students who may not have extensive backgrounds in economics, the text balances theoretical coverage with examples of practical applications that allow students to see concepts in action. The authors believe that showing students the social implications of the concepts discussed in the course will enhance their motivation to learn. Consequently, this text presents numerous examples of policy decisions that have been affected by the ever-shifting labor market. This new edition continues to offer the following: a balance of relevant, contemporary examples coverage of the current economic climate an introduction to basic methodological techniques and problems tools for review and further study This fourteenth edition presents updated data throughout and a wealth of new examples, such as the impact of COVID-19 lockdowns, gig work, nudges, monopsony power in the technology industry, and the effect of machine learning on inequality. Supplementary materials for students and instructors are available on the book’s companion website.
Book Synopsis The Up Side of Down by : Megan McArdle
Download or read book The Up Side of Down written by Megan McArdle and published by Penguin. This book was released on 2014-02-11 with total page 243 pages. Available in PDF, EPUB and Kindle. Book excerpt: “Clever, surprisingly fast-paced, and enlightening.” —Forbes Most new products fail. So do most businesses. And most of us, if we are honest, have experienced a major setback in our personal or professional lives. So what determines who will bounce back and follow up with a home run? What separates those who keep treading water from those who harness the lessons from their mistakes? One of our most popular business bloggers, Megan McArdle takes insights from emergency room doctors, kindergarten teachers, bankruptcy judges, and venture capitalists to teach us how to reinvent ourselves in the face of failure. The Up Side of Down is a book that just might change the way you lead your life.
Book Synopsis Back to Work: United States Improving the Re-employment Prospects of Displaced Workers by : OECD
Download or read book Back to Work: United States Improving the Re-employment Prospects of Displaced Workers written by OECD and published by OECD Publishing. This book was released on 2016-12-06 with total page 152 pages. Available in PDF, EPUB and Kindle. Book excerpt: Job displacement (involuntary job loss due to firm closure or downsizing) affects many workers over their lifetime. This report looks at how this challenge is being tackled in the United States.
Book Synopsis Why Government Fails So Often by : Peter H. Schuck
Download or read book Why Government Fails So Often written by Peter H. Schuck and published by Princeton University Press. This book was released on 2015-08-25 with total page 484 pages. Available in PDF, EPUB and Kindle. Book excerpt: "From healthcare to workplace conduct, the federal government is taking on ever more responsibility for managing our lives. At the same time, Americans have never been more disaffected with Washington, seeing it as an intrusive, incompetent, wasteful giant. The most alarming consequence of ineffective policies, in addition to unrealized social goals, is the growing threat to the government's democratic legitimacy. Understanding why government fails so often--and how it might become more effective--is an urgent responsibility of citizenship. In this book, lawyer and political scientist Peter Schuck provides a wide range of examples and an enormous body of evidence to explain why so many domestic policies go awry--and how to right the foundering ship of state.Schuck argues that Washington's failures are due not to episodic problems or partisan bickering, but rather to deep structural flaws that undermine every administration, Democratic and Republican. These recurrent weaknesses include unrealistic goals, perverse incentives, poor and distorted information, systemic irrationality, rigidity and lack of credibility, a mediocre bureaucracy, powerful and inescapable markets, and the inherent limits of law. To counteract each of these problems, Schuck proposes numerous achievable reforms, from avoiding moral hazard in student loan, mortgage, and other subsidy programs, to empowering consumers of public services, simplifying programs and testing them for cost-effectiveness, and increasing the use of "big data." The book also examines successful policies--including the G.I. Bill, the Voting Rights Act, the Earned Income Tax Credit, and airline deregulation--to highlight the factors that made them work.An urgent call for reform, Why Government Fails So Often is essential reading for anyone curious about why government is in such disrepute and how it can do better"--
Book Synopsis Navigating Social Security Options by : Danny Pieters
Download or read book Navigating Social Security Options written by Danny Pieters and published by Springer. This book was released on 2018-12-30 with total page 127 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores a variety of social risks and possible policy options that could be put in place to either prevent, or lessen the negative consequences of their materialisation. Pieters groups these policy issues into four major social risks -- income replacement in case of old age and survivorship; unemployment; incapacity for work; and social health care protection – all of which are crucial to the development of a social security system. Navigating Social Security Options draws on extensive knowledge of various national social security systems to compare their costs and benefits, taking into account both their structural elements (conditions of work, education and living), and cultural elements (influence of political parties, trade unions, employers’ organisations, traditions). As a concise comparative point of reference, this book will be an invaluable resource for students and scholars of social policy and law, as well as policy makers.
Book Synopsis Handbook of Macroeconomics by : John B. Taylor
Download or read book Handbook of Macroeconomics written by John B. Taylor and published by Elsevier. This book was released on 2016-11-12 with total page 3009 pages. Available in PDF, EPUB and Kindle. Book excerpt: Handbook of Macroeconomics Volumes 2A and 2B surveys major advances in macroeconomic scholarship since the publication of Volume 1 (1999), carefully distinguishing between empirical, theoretical, methodological, and policy issues, including fiscal, monetary, and regulatory policies to deal with crises, unemployment, and economic growth. As this volume shows, macroeconomics has undergone a profound change since the publication of the last volume, due in no small part to the questions thrust into the spotlight by the worldwide financial crisis of 2008. With contributions from the world's leading macroeconomists, its reevaluation of macroeconomic scholarship and assessment of its future constitute an investment worth making. - Serves a double role as a textbook for macroeconomics courses and as a gateway for students to the latest research - Acts as a one-of-a-kind resource as no major collections of macroeconomic essays have been published in the last decade - Builds upon Volume 1 by using its section headings to illustrate just how far macroeconomic thought has evolved
Book Synopsis NBER Macroeconomics Annual 2014 by : Jonathan A. Parker
Download or read book NBER Macroeconomics Annual 2014 written by Jonathan A. Parker and published by University of Chicago Press. This book was released on 2015-06-02 with total page 444 pages. Available in PDF, EPUB and Kindle. Book excerpt: The twenty-ninth edition of the NBER Macroeconomics Annual continues its tradition of featuring theoretical and empirical research on central issues in contemporary macroeconomics. Two papers in this year’s issue deal with recent economic performance: one analyzes the evolution of aggregate productivity before, during, and after the Great Recession, and the other characterizes the factors that have contributed to slow economic growth following the Great Recession. Another pair of papers tackles the role of information in business cycles. Other contributions address how assumptions about sluggish nominal price adjustment affect the consequences of different monetary policy rules and the role of business cycles in the long-run decline in the share of employment in middle-wage jobs. The final chapter discusses the advantages and disadvantages of the elimination of physical currency.
Download or read book Hard Times written by Tom Clark and published by Yale University Press. This book was released on 2015-01-01 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt: Originally published: 2014, as Hard times: the divisive toll of the economic slump.
Book Synopsis Challenging Inequality by : Evelyne Huber
Download or read book Challenging Inequality written by Evelyne Huber and published by University of Chicago Press. This book was released on 2024-09-04 with total page 371 pages. Available in PDF, EPUB and Kindle. Book excerpt: A wide-ranging examination of how policies, parties, and labor strength affect inequality in post-industrial societies. Not all countries are unequal in the same ways or to the same degree. In Challenging Inequality, Evelyne Huber and John D. Stephens analyze different patterns of increasing income inequality in post-industrial societies since the 1980s, assessing the policies and social structures best able to mitigate against the worst effects of market inequality. Combining statistical data analysis from twenty-two countries with a comparative historical analysis of Germany, Spain, Sweden, and the United States, Huber and Stephens identify the factors that drive increases in inequality and shape persistent, marked differences between countries. Their statistical analysis confirms generalizable patterns and in-depth country studies help to further elucidate the processes at work. Challenging Inequality shows how the combination of globalization and skill-biased technological change has led to both labor market dualization and rising unemployment levels, which in turn have had important effects on inequality and poverty. Labor strength—at both the society level and the enterprise level—has helped to counter rising market income inequality, as has a history of strong human capital spending. The generosity of the welfare state remains the most important factor shaping redistribution, while the consistent power of left parties is the common denominator behind both welfare state generosity and human capital investment.
Book Synopsis Arethuse 2/2 - 2014 by : Francesco Testa
Download or read book Arethuse 2/2 - 2014 written by Francesco Testa and published by Società Editrice Esculapio. This book was released on 2014-12-01 with total page 124 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the year that we celebrate the thirtieth anniversary of the ARETHUSE association, the second issue of 2014 includes a selection of research papers on topics of study and research that have always been focused on by the international university research groups that are members of the ARETHUSE association. These main research fields are Economics & Statistics (Economic Development, Resources and Territory, Services and Labor Markets), Strategic Management (R & D Management, Governance and Public Administration, Strategy and Control), Public Finance (Finance Policies, National versus European Finance, and European Finance Institutions). In the first paper, Consiglio, Cicellin, and Scuotto discuss the possibility of creating new models of healthcare. They affirm that the changing welfare system involves processes that are linked to the low cost approach and new initiatives are designed to meet the social need for community health and draw on the complex world of ‘bottom- up approach’. This article analyses the modern paradigm of social innovation by examining the issue of healthcare. Through the cases that currently exist in Italy, the Authors demonstrate that low cost healthcare is a specific model of social innovation which does not just consist of “low prices for mass consumption” as a competitive incentive. This research paper has the advantage of analysing the Italian healthcare system as an “extended enterprise” where the boundaries between internal and external resources appear to be less rigidly defined. Moreover, social innovation is not solely designed in order to increase the quality of the standard of living but also to play an important role in terms of increased competitiveness, efficiency of resources employed, and sustainability. In the second research contribution, González Laxe, Martín Palmero and Pateiro Rodriguez present the results of an important piece of research regarding a sample of 142 countries, in which they have verified that when income per capita (RGPD) in a country is high, the ecological footprint (EF) per capita is also at a high level. Following this experience carried out in different economic spaces, this paper assesses the evolution of incomes per capita in the Spanish economy, together with its ecological footprint, on the basis of the period 1955-2000. To carry out this research, the Authors defined two theoretical concepts identified as Autonomous Ecological Footprint, and Marginal Tendency. This research work highlights how the Spanish economy underwent a significant structural change after the second third of 20th Century. More precisely, the subsequent analysis of the most significant features in the different stages of the Spanish development, as well as the structural changes, will permit the establishment of a series of recommendations for the implementation of sustainability plans and programs. Calederón Patier and Campuzano analyse the regulation of corporate restructuring in Spain as a response to a dynamic, changing and internationalized economic reality, that requires business operators, i.e. companies, to conduct operations to reorganize or alter their financial or personnel structure (transformation, merger, division, exchange of securities, change of registered office etc.) within an appropriate legal, tax and accounting framework to ensure their viability and effectiveness. They highlight how the commercial and tax regulations applicable to corporate restructuring operations urgently requires harmonization, not only to rationalise the rules, in their development and implementation, but also to facilitate and encourage these types of operations, which are often a very important means of maintaining many corporate structures. This paper presents an interesting evaluative analysis of the differences between commercial and tax legislation that is applicable to the split-off, and conducts a critical and evaluative analysis of existing normative discrepancies on this issue. The research paper of Rivero Ceballos and Serafin Corral discuss the idea that natural resources’ economic evaluation processes cannot be isolated from scientific uncertainties and the influence of stakeholders’ strong concerns. They affirm that environmental decision-making processes are far from ideal processes where knowledge is available and experts and decision-makers are unaffected by the pressure of stakeholders’ interests. Based on the empirical analysis of the most representative business cases currently involving the gas and oil drill exploration occurring in the waters adjacent to the Canary Islands, the study analyses the expected economic benefits. Integrated qualitative assessment tools are implemented, in particular a multi- criteria assessment is carried out and two scenarios are built. It is interesting how this analysis integrated formal and informal aspects which may be used later for the resolution of the problem or for ways of exploring policy compromises. Mingorance Arnaíz and Barrusao Castillo’s interesting contribution analyses why some European countries have unemployment rates that are higher than others. By utilising a panel data model for the period 1985-2011 in order to know which variables are better to resolve unemployment, they study the role of macroeconomic and institutional variables (labor and product markets regulations) on the unemployment rate in 14 countries of the EU. The empirical results that they find and the conclusions with motived proposals to reduce the unemployment rate are interesting. This is very important given that the unemployment rate is one of the macroeconomic variables that is most affected by business cycles, and its fluctuations, a problem in all countries. In the end they highlight how employment protection legislation, the minimum wage, coordination of wage bargaining, a high employers contribution to social security, and entry barriers, may explain in part the high unemployment rates in some countries. Díaz Pérez and González Morales offer empirical evidence of the profile of the working population in Spain according to gender, quantify the extent to which self- employment or salaried employment is associated with certain characteristics or status (employment status, education level, activity sector, age, marital status) and analyse the situation in 2009. Their research work is particular important in analysing the effect of the economic crisis on the decline suffered by Spain’s working population between 2005 and 2009 and on the significant gender differences in employment status. Finally we would like to remind readers that this issue is the fruit of scientific research work that has been undertaken by numerous researchers of European universities. The articles presented in this issue are the result of a process of rigorous selection, in a scientific sense, carried out both by the Scientific Committee, and by the Editorial Board.
Book Synopsis Work and the Social Safety Net by : Douglas J. Besharov
Download or read book Work and the Social Safety Net written by Douglas J. Besharov and published by Oxford University Press. This book was released on 2022 with total page 369 pages. Available in PDF, EPUB and Kindle. Book excerpt: "For many decades, American liberals have pointed to Europe's social welfare systems as a model for the US. As Senator Bernie Sanders famously said: "I think we should look to countries like Denmark, like Sweden and Norway, and learn what they have accomplished for their working people" (Moody, 2016)"--
Book Synopsis Hysteresis and Business Cycles by : Ms.Valerie Cerra
Download or read book Hysteresis and Business Cycles written by Ms.Valerie Cerra and published by International Monetary Fund. This book was released on 2020-05-29 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt: Traditionally, economic growth and business cycles have been treated independently. However, the dependence of GDP levels on its history of shocks, what economists refer to as “hysteresis,” argues for unifying the analysis of growth and cycles. In this paper, we review the recent empirical and theoretical literature that motivate this paradigm shift. The renewed interest in hysteresis has been sparked by the persistence of the Global Financial Crisis and fears of a slow recovery from the Covid-19 crisis. The findings of the recent literature have far-reaching conceptual and policy implications. In recessions, monetary and fiscal policies need to be more active to avoid the permanent scars of a downturn. And in good times, running a high-pressure economy could have permanent positive effects.
Book Synopsis Social Inequality by : Charles E. Hurst
Download or read book Social Inequality written by Charles E. Hurst and published by Routledge. This book was released on 2016-08-05 with total page 663 pages. Available in PDF, EPUB and Kindle. Book excerpt: Like past editions, this ninth edition of Social Inequality: Forms, Causes, and Consequences is a user-friendly introduction to the study of social inequality. This book conveys the pervasiveness and extensiveness of social inequality in the United States within a comparative context, to show how inequality occurs, how it affects all of us, and what is being done about it. This edition benefits from a variety of changes that have significantly strengthened the text. The authors pay increased attention to disability, transgender issues, intersectionality, experiences of Muslims, Hispanic populations, and immigration. The 9th edition also includes content on the fall-out from the recession across various groups. The sections on global inequalities have been greatly updated, emphasizing comparative inequalities and the impact of the process of globalization on inequality internationally. The authors have also added material on several current social movements, including Occupy Wall Street, Black Lives Matter, and Marriage Equality.
Book Synopsis The Economic and Financial Impacts of the COVID-19 Crisis Around the World by : Allen N. Berger
Download or read book The Economic and Financial Impacts of the COVID-19 Crisis Around the World written by Allen N. Berger and published by Elsevier. This book was released on 2023-09-05 with total page 522 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Economic and Financial Impacts of the COVID-19 Crisis Around the World: Expect the Unexpected provides an informed, research-based in-depth understanding of the COVID-19 crisis, its impacts on households, nonfinancial firms, banks, and financial market participants, and the effectiveness of the reactions of governments and policymakers in the United States and around the world. It provides reflections and perspectives on the social costs and benefits of various policies undertaken and a toolkit of preventive measures to deal with crises beyond the COVID-19 crisis. Authors Allen N. Berger, Mustafa U. Karakaplan, and Raluca A. Roman apply their expertise to the research and data on the COVID-19 economic crisis as well as draw on their own rich research experience. They take a holistic approach that compares and contrasts this crisis with other economic and financial crises and assesses economic and financial behavior and government policies in the booms before crises and the aftermaths following them, as well as the crises themselves. They do all this with a keen eye on "Expecting the Unexpected future crises, and policies that might anticipate them and provide better outcomes for society. - Serves as a compendium of available research and data on COVID-19, policies in response to the pandemic, and its effects on the real economy, banking sector, and financial markets - Contextualizes the COVID-19 economic crisis by comparing it to two other global crises from the past: the Crash of 1929 and the Global Financial Crisis of 2007–2009 - Helps illustrate how crises that originate in financial markets and in the banking sector differ from each other as well as from the COVID-19 crisis that harmed the real economy first - Compares the policies and outcomes of nations to the COVID-19 pandemic and assesses their costs and benefits, with potential implications for prospective future crises
