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Implications Of The Illinois Reemployment Bonus Experiments For Theories Of Unemployment And Policy Design
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Book Synopsis Implications of the Illinois Reemployment Bonus Experiments for Theories of Unemployment and Policy Design by : Bruce D. Meyer
Download or read book Implications of the Illinois Reemployment Bonus Experiments for Theories of Unemployment and Policy Design written by Bruce D. Meyer and published by . This book was released on 1988 with total page 80 pages. Available in PDF, EPUB and Kindle. Book excerpt: Reemployment bonus experiments offer large lump sum payments to unemployment insurance (UI) recipients who find a job quickly. Such experiments are underway or have been recently completed in four states. This paper analyzes the results from Illinois and discusses the implications of the experiments for theories of unemployment and policy design. I examine the hazard rate of exit from unemployment and find that it is significantly higher for the experimental groups, but only during the period of bonus eligibility. Both labor supply and search theories of unemployment are shown to suggest a rise in the reemployment hazard just before the end of bonus eligibility and to suggest larger effects of the fixed amount bonus for lower income groups. Only weak support is found for these hypotheses, which suggests limitations of the models of unemployment. Some modifications of the models are suggested. The experiments demonstrate the effects of economic incentives on job finding behavior but they do not show the desirability of a permanent reemployment bonus program. Evidence from another sample suggests that as many as half of those who received a reemployment bonus returned to their previous employer, so that a bonus program that pays people returning to their last employer would provide a strong encouragement to temporary layoffs. A discussion of UI claim filing behavior suggests that a permanent program could well increase the frequency or promptness of filing, thus reducing any financial advantages of a bonus program.
Book Synopsis Implications of the Illinois Reemployment Bonus Experiments for Theories of Unemployment and Policy Design by :
Download or read book Implications of the Illinois Reemployment Bonus Experiments for Theories of Unemployment and Policy Design written by and published by . This book was released on 1988 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Reemployment Bonuses in the Unemployment Insurance System by : Philip K. Robins
Download or read book Reemployment Bonuses in the Unemployment Insurance System written by Philip K. Robins and published by W.E. Upjohn Institute. This book was released on 2001 with total page 308 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume analyzes the results of three studies conducted by the federal government in the 1980s on alternative approaches to reducing voluntary unemployment and improving the functioning of the unemployment insurance system. These alternative programs in Illinois, Pennsylvania, and Washington utilized re-employment bonuses as an incentive to claimants to reduce the amount of time spent on unemployment. c. Book News Inc.
Book Synopsis The Washington Reemployment Bonus Experiment by : Robert G. Spiegelman
Download or read book The Washington Reemployment Bonus Experiment written by Robert G. Spiegelman and published by . This book was released on 1992 with total page 402 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Evaluating Pooled Evidence from the Reemployment Bonus Experiments by : Paul T. Decker
Download or read book Evaluating Pooled Evidence from the Reemployment Bonus Experiments written by Paul T. Decker and published by . This book was released on 1994 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Unemployment Insurance Occasional Paper by :
Download or read book Unemployment Insurance Occasional Paper written by and published by . This book was released on 1992 with total page 720 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Solving the Reemployment Puzzle by : Stephen A. Wandner
Download or read book Solving the Reemployment Puzzle written by Stephen A. Wandner and published by W.E. Upjohn Institute. This book was released on 2010 with total page 530 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is about the interrelationships between research, policy, and programs that have dealt with the problems faced by experienced, Unemployed workers over the past 25 years. Much of its focus is on a series of social sci ence experiments that were conducted during the late 1980s and early 1990s.
Book Synopsis Testing Search Theory with Reemployment Bonus Experiments by : Phillip B. Levine
Download or read book Testing Search Theory with Reemployment Bonus Experiments written by Phillip B. Levine and published by . This book was released on 1989 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Effect of a Reemployment Bonus with the Possibility of Recall by : Patricia M. Anderson
Download or read book The Effect of a Reemployment Bonus with the Possibility of Recall written by Patricia M. Anderson and published by . This book was released on 1990 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Displacement Effect of Reemployment Bonus Programs by : Carl Davidson
Download or read book The Displacement Effect of Reemployment Bonus Programs written by Carl Davidson and published by . This book was released on 1990 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis NBER Reporter by : National Bureau of Economic Research
Download or read book NBER Reporter written by National Bureau of Economic Research and published by . This book was released on 1995 with total page 574 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Empirical Labor Economics by : Theresa J. Devine
Download or read book Empirical Labor Economics written by Theresa J. Devine and published by Oxford University Press, USA. This book was released on 1991 with total page 356 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume defines the economics of search, which has become a part of the standard graduate curriculum. The concept deals with the costs and benefits to individual workers - either employed or unemployed - of seeking a job with the highest possible pay.
Book Synopsis The Illinois Unemployment Insurance Incentive Experiments by : Robert G. Spiegelman
Download or read book The Illinois Unemployment Insurance Incentive Experiments written by Robert G. Spiegelman and published by . This book was released on 1987 with total page 362 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author :United States. Department of Labor. Commission on Workforce Quality and Labor Market Efficiency Publisher : ISBN 13 : Total Pages :1216 pages Book Rating :4.3/5 (512 download)
Book Synopsis Investing in People by : United States. Department of Labor. Commission on Workforce Quality and Labor Market Efficiency
Download or read book Investing in People written by United States. Department of Labor. Commission on Workforce Quality and Labor Market Efficiency and published by . This book was released on 1989 with total page 1216 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Policy Lessons from the U.S. Unemployment Experiments by : Bruce D. Meyer
Download or read book Policy Lessons from the U.S. Unemployment Experiments written by Bruce D. Meyer and published by . This book was released on 1992 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Recently, there has been extensive experimental evaluation of reforms of the unemployment insurance (UI) system. The UI experiments can be divided into two main areas: reemployment bonuses and job search programs. The four reemployment bonus experiments offered payments to UI recipients who found jobs quickly and kept them for a specified period of time. The six job search experiments evaluated combinations of services including additional information on job openings, more job placements, and more extensive checks of UI eligibility. The bonus experiments show that economic incentives do affect the speed with which people leave the unemployment insurance rolls. They also show that speeding claimants' return to work appears to increase total earnings following the claim, but the evidence is less strong. They also suggest that the rate of pay on the new job is not adversely affected by an earlier return to work. Despite these encouraging results, I argue that the experiments do not show that permanent adoption of a reemployment bonus would be beneficial as they cannot account for the effect of a reemployment bonus on the size of the claimant population. The job search experiments test several reforms that appear more promising. Nearly all of the combinations of services and increased enforcement reduce UI receipt, and have benefits that exceed costs. The treatments which mainly increase enforcement of work search rules have small but often statistically significant effects. The experiments which focus more on providing services induce much larger reductions in UI receipt, but at a higher cost of services per claimant. Nevertheless, these experiments have very favorable ratios of benefits to costs.
Book Synopsis Instrumental Variable Estimation for Duration Data by :
Download or read book Instrumental Variable Estimation for Duration Data written by and published by . This book was released on 2002 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Bibliography of Agriculture written by and published by . This book was released on 1989 with total page 1684 pages. Available in PDF, EPUB and Kindle. Book excerpt: