The Economic Effects Of Unemployment Insurance Benefits On Unemployed Workers Job Search

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Optimal Unemployment Insurance

Author : Andreas Pollak
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 the Government Measures Unemployment

Author : United States. Bureau of Labor Statistics
Publisher :
ISBN 13 :
Total Pages : 24 pages
Book Rating : 4.3/5 (121 download)

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Book Synopsis How the Government Measures Unemployment by : United States. Bureau of Labor Statistics

Download or read book How the Government Measures Unemployment written by United States. Bureau of Labor Statistics and published by . This book was released on 1987 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Unemployment in the OECD

Author : P. N. Junankar
Publisher :
ISBN 13 :
Total Pages : 40 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis Unemployment in the OECD by : P. N. Junankar

Download or read book Unemployment in the OECD written by P. N. Junankar and published by . This book was released on 1996 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt:

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

Author : Klaus-Peter Hellwig
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 Oxford Handbook of Job Loss and Job Search

Author : Ute-Christine Klehe PhD
Publisher : Oxford University Press
ISBN 13 : 0190903503
Total Pages : 633 pages
Book Rating : 4.1/5 (99 download)

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Book Synopsis The Oxford Handbook of Job Loss and Job Search by : Ute-Christine Klehe PhD

Download or read book The Oxford Handbook of Job Loss and Job Search written by Ute-Christine Klehe PhD and published by Oxford University Press. This book was released on 2018-05-08 with total page 633 pages. Available in PDF, EPUB and Kindle. Book excerpt: Job search is and always has been an integral part of people's working lives. Whether one is brand new to the labor market or considered a mature, experienced worker, job seekers are regularly met with new challenges in a variety of organizational settings. Edited by Ute-Christine Klehe and Edwin A.J. van Hooft, The Oxford Handbook of Job Loss and Job Search provides readers with one of the first comprehensive overviews of the latest research and empirical knowledge in the areas of job loss and job search. Multidisciplinary in nature, Klehe, van Hooft, and their contributing authors offer fascinating insight into the diverse theoretical and methodological perspectives from which job loss and job search have been studied, such as psychology, sociology, labor studies, and economics. Discussing the antecedents and consequences of job loss, as well as outside circumstances that may necessitate a more rigorous job hunt, this Handbook presents in-depth and up-to-date knowledge on the methods and processes of this important time in one's life. Further, it examines the unique circumstances faced by different populations during their job search, such as those working job-to-job, the unemployed, mature job seekers, international job seekers, and temporary employed workers. Job loss and unemployment are among the worst stressors individuals can encounter during their lifetimes. As a result, this Handbook concludes with a discussion of the various types of interventions developed to aid the unemployed. Further, it offers readers important insights and identifies best practices for both scholars and practitioners working in the areas of job loss, unemployment, career transitions, outplacement, and job search.

Unemployment Insurance

Author : W. Lee Hansen
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.

Unemployment Insurance Reform

Author : David E. Balducchi
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.

Experience Rating in Unemployment Insurance

Author : Joseph M. Becker
Publisher :
ISBN 13 :
Total Pages : 434 pages
Book Rating : 4.:/5 (44 download)

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Book Synopsis Experience Rating in Unemployment Insurance by : Joseph M. Becker

Download or read book Experience Rating in Unemployment Insurance written by Joseph M. Becker and published by . This book was released on 1972 with total page 434 pages. Available in PDF, EPUB and Kindle. Book excerpt: Study of unemployment benefit financing in the USA, with particular reference to the allocation of costs among employers through a payroll tax based on experience rating - evaluates this system by examining its success in promoting employment security, its economic implications, management attitude and participation in administrative aspects, solvency of the fund, etc. References and statistical tables.

Income Contingent Loans

Author : Timothy Higgins
Publisher : Springer
ISBN 13 : 1137413204
Total Pages : 312 pages
Book Rating : 4.1/5 (374 download)

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Book Synopsis Income Contingent Loans by : Timothy Higgins

Download or read book Income Contingent Loans written by Timothy Higgins and published by Springer. This book was released on 2014-05-28 with total page 312 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study explores the prospect of the application of the basic principles of ICL into many other potential areas of social and economic policy. Using case studies it evaluates previously implemented ICL schemes where interest rate subsidies are usually the norm, and questions the merits of this approach.

Federal Supplemental Compensation Program

Author : United States. Congress. House. Committee on Ways and Means. Subcommittee on Public Assistance and Unemployment Compensation
Publisher :
ISBN 13 :
Total Pages : 292 pages
Book Rating : 4.3/5 (121 download)

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Book Synopsis Federal Supplemental Compensation Program by : United States. Congress. House. Committee on Ways and Means. Subcommittee on Public Assistance and Unemployment Compensation

Download or read book Federal Supplemental Compensation Program written by United States. Congress. House. Committee on Ways and Means. Subcommittee on Public Assistance and Unemployment Compensation and published by . This book was released on 1985 with total page 292 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Money Illusion

Author : Scott Sumner
Publisher : University of Chicago Press
ISBN 13 : 0226826562
Total Pages : 415 pages
Book Rating : 4.2/5 (268 download)

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Book Synopsis The Money Illusion by : Scott Sumner

Download or read book The Money Illusion written by Scott Sumner and published by University of Chicago Press. This book was released on 2023-05-06 with total page 415 pages. Available in PDF, EPUB and Kindle. Book excerpt: The first book-length work on market monetarism, written by its leading scholar. Is it possible that the consensus around what caused the 2008 Great Recession is almost entirely wrong? It’s happened before. Just as Milton Friedman and Anna Schwartz led the economics community in the 1960s to reevaluate its view of what caused the Great Depression, the same may be happening now to our understanding of the first economic crisis of the 21st century. Foregoing the usual relitigating of problems such as housing markets and banking crises, renowned monetary economist Scott Sumner argues that the Great Recession came down to one thing: nominal GDP, the sum of all nominal spending in the economy, which the Federal Reserve erred in allowing to plummet. The Money Illusion is an end-to-end case for this school of thought, known as market monetarism, written by its leading voice in economics. Based almost entirely on standard macroeconomic concepts, this highly accessible text lays the groundwork for a simple yet fundamentally radical understanding of how monetary policy can work best: providing a stable environment for a market economy to flourish.

Labor Markets and Business Cycles

Author : Robert Shimer
Publisher : Princeton University Press
ISBN 13 : 1400835232
Total Pages : 189 pages
Book Rating : 4.4/5 (8 download)

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Book Synopsis Labor Markets and Business Cycles by : Robert Shimer

Download or read book Labor Markets and Business Cycles written by Robert Shimer and published by Princeton University Press. This book was released on 2010-04-12 with total page 189 pages. Available in PDF, EPUB and Kindle. Book excerpt: Labor Markets and Business Cycles integrates search and matching theory with the neoclassical growth model to better understand labor market outcomes. Robert Shimer shows analytically and quantitatively that rigid wages are important for explaining the volatile behavior of the unemployment rate in business cycles. The book focuses on the labor wedge that arises when the marginal rate of substitution between consumption and leisure does not equal the marginal product of labor. According to competitive models of the labor market, the labor wedge should be constant and equal to the labor income tax rate. But in U.S. data, the wedge is strongly countercyclical, making it seem as if recessions are periods when workers are dissuaded from working and firms are dissuaded from hiring because of an increase in the labor income tax rate. When job searches are time consuming and wages are flexible, search frictions--the cost of a job search--act like labor adjustment costs, further exacerbating inconsistencies between the competitive model and data. The book shows that wage rigidities can reconcile the search model with the data, providing a quantitatively more accurate depiction of labor markets, consumption, and investment dynamics. Developing detailed search and matching models, Labor Markets and Business Cycles will be the main reference for those interested in the intersection of labor market dynamics and business cycle research.

Designing Labor Market Institutions in Emerging and Developing Economies

Author : Mr.Romain A Duval
Publisher : International Monetary Fund
ISBN 13 : 1498313264
Total Pages : 58 pages
Book Rating : 4.4/5 (983 download)

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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.

Understanding Unemployment

Author : Lawrence H. Summers
Publisher : MIT Press (MA)
ISBN 13 : 9780262691574
Total Pages : 360 pages
Book Rating : 4.6/5 (915 download)

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Book Synopsis Understanding Unemployment by : Lawrence H. Summers

Download or read book Understanding Unemployment written by Lawrence H. Summers and published by MIT Press (MA). This book was released on 1990 with total page 360 pages. Available in PDF, EPUB and Kindle. Book excerpt: This collection of work by Lawrence Summers and colleagues Kim Clark, James Poterba, Gregory Mankiw, Julio Rotemberg, and Olivier Blanchard explores new theories of joblessness that could eventually explain why unemployment remains high despite relatively healthy economic growth. It is based on the notion that joblessness is an important, measurable, and definable concept of pervasive importance in modern economies. Understanding Unemployment contains a number of articles that have changed the way economists think about unemployment. These examine the burden of unemployment, the extent to which normal measures understate its consequences, its relationship to supply and demand factors, and the role of unions. Substantial introductory and concluding chapters present new and original material on the crucial facts that any theory of unemployment must grapple with, and the types of theories needed to accommodate the empirical facts of today's unemployment. Lawrence H. Summers is Vice President and Chief Economist at the World Bank, Professor of Economics at Harvard University, and Research Associate at the National Bureau of Economic Research. He is editor of the series Tax Policy and the Economy.

Lowering the Permanent Rate of Unemployment

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

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Book Synopsis Lowering the Permanent Rate of Unemployment by : Martin S. Feldstein

Download or read book Lowering the Permanent Rate of Unemployment written by Martin S. Feldstein and published by . This book was released on 1973 with total page 112 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Ask a Manager

Author : Alison Green
Publisher : Ballantine Books
ISBN 13 : 0399181822
Total Pages : 306 pages
Book Rating : 4.3/5 (991 download)

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Book Synopsis Ask a Manager by : Alison Green

Download or read book Ask a Manager written by Alison Green and published by Ballantine Books. This book was released on 2018-05-01 with total page 306 pages. Available in PDF, EPUB and Kindle. Book excerpt: From the creator of the popular website Ask a Manager and New York’s work-advice columnist comes a witty, practical guide to 200 difficult professional conversations—featuring all-new advice! There’s a reason Alison Green has been called “the Dear Abby of the work world.” Ten years as a workplace-advice columnist have taught her that people avoid awkward conversations in the office because they simply don’t know what to say. Thankfully, Green does—and in this incredibly helpful book, she tackles the tough discussions you may need to have during your career. You’ll learn what to say when • coworkers push their work on you—then take credit for it • you accidentally trash-talk someone in an email then hit “reply all” • you’re being micromanaged—or not being managed at all • you catch a colleague in a lie • your boss seems unhappy with your work • your cubemate’s loud speakerphone is making you homicidal • you got drunk at the holiday party Praise for Ask a Manager “A must-read for anyone who works . . . [Alison Green’s] advice boils down to the idea that you should be professional (even when others are not) and that communicating in a straightforward manner with candor and kindness will get you far, no matter where you work.”—Booklist (starred review) “The author’s friendly, warm, no-nonsense writing is a pleasure to read, and her advice can be widely applied to relationships in all areas of readers’ lives. Ideal for anyone new to the job market or new to management, or anyone hoping to improve their work experience.”—Library Journal (starred review) “I am a huge fan of Alison Green’s Ask a Manager column. This book is even better. It teaches us how to deal with many of the most vexing big and little problems in our workplaces—and to do so with grace, confidence, and a sense of humor.”—Robert Sutton, Stanford professor and author of The No Asshole Rule and The Asshole Survival Guide “Ask a Manager is the ultimate playbook for navigating the traditional workforce in a diplomatic but firm way.”—Erin Lowry, author of Broke Millennial: Stop Scraping By and Get Your Financial Life Together

Social Exclusion in Later Life

Author : Kieran Walsh
Publisher : Springer Nature
ISBN 13 : 3030514064
Total Pages : 450 pages
Book Rating : 4.0/5 (35 download)

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Book Synopsis Social Exclusion in Later Life by : Kieran Walsh

Download or read book Social Exclusion in Later Life written by Kieran Walsh and published by Springer Nature. This book was released on 2021-03-30 with total page 450 pages. Available in PDF, EPUB and Kindle. Book excerpt: Drawing on interdisciplinary, cross-national perspectives, this open access book contributes to the development of a coherent scientific discourse on social exclusion of older people. The book considers five domains of exclusion (services; economic; social relations; civic and socio-cultural; and community and spatial domains), with three chapters dedicated to analysing different dimensions of each exclusion domain. The book also examines the interrelationships between different forms of exclusion, and how outcomes and processes of different kinds of exclusion can be related to one another. In doing so, major cross-cutting themes, such as rights and identity, inclusive service infrastructures, and displacement of marginalised older adult groups, are considered. Finally, in a series of chapters written by international policy stakeholders and policy researchers, the book analyses key policies relevant to social exclusion and older people, including debates linked to sustainable development, EU policy and social rights, welfare and pensions systems, and planning and development. The book’s approach helps to illuminate the comprehensive multidimensionality of social exclusion, and provides insight into the relative nature of disadvantage in later life. With 77 contributors working across 28 nations, the book presents a forward-looking research agenda for social exclusion amongst older people, and will be an important resource for students, researchers and policy stakeholders working on ageing.