The Impact Of The Potential Duration Of Unemployment Benefits On The Duration Of Unemployment
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The Impact Of The Potential Duration Of Unemployment Benefits On The Duration Of Unemployment
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Author : Lawrence F. Katz
language : en
Publisher:
Release Date : 1988
The Impact Of The Potential Duration Of Unemployment Benefits On The Duration Of Unemployment written by Lawrence F. Katz and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1988 with Unemployment categories.
This paper uses two data sets to examine the impact of the potential duration of unemployment insurance (UI) benefits on the duration of unemployment and the time pattern of the escape rate from unemployment in the United States. The first part of the empirical work uses a large sample of household heads to examine differences in the unemployment spell distributions of UI recipients and nonrecipients. Sharp increases in the rare of escape from unemployment both through recalls and new job acceptances are apparent for UI recipients around the time when benefits are likely to lapse. The absence of such spikes in the escape rate from unemployment for nonrecipients strongly suggests that the potential duration of UI benefits affects firm recall policies and workers' willingness to start new jobs. The second part of our empirical work uses administrative data to examine the effects of the level and length of UT benefits on the escape rate from unemployment of UI recipients. The results indicate that a one week increase in potential benefit duration increases the average duration of the unemployment spells of UI recipients by 0,16 to 0.20 weeks. The estimates also imply that policies that extend the potential duration of benefits increase the mean duration of unemployment by substantially more than policies with the same predicted impact on the total UI budget that raise the level of benefits while holding potential duration constant.
Duration Of Unemployment Benefits And Quality Of Post Unemployment Jobs
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Author : Jan C. van Ours
language : en
Publisher: World Bank Publications
Release Date : 2006
Duration Of Unemployment Benefits And Quality Of Post Unemployment Jobs written by Jan C. van Ours and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006 with Employment Office categories.
This paper investigates how the potential duration of unemployment benefits affects the quality of post-unemployment jobs. It takes advantage of a natural experiment introduced by a change in Slovenia's unemployment insurance law that substantially reduced the potential benefit duration. Although this reduction strongly increased job finding rates, the quality of the post-unemployment jobs remained unaffected. The paper finds that the law change had no effect on the type of contract (temporary versus permanent), the duration of the post-unemployment job, or the wage earned in the job.
Effects Of Unemployment Insurance Entitlement On Duration And Job Search Outcome
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Author : Arlene Holen
language : en
Publisher:
Release Date : 1976
Effects Of Unemployment Insurance Entitlement On Duration And Job Search Outcome written by Arlene Holen and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1976 with Unemployed categories.
Optimal Unemployment Insurance
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Author : Andreas Pollak
language : en
Publisher: Mohr Siebeck
Release Date : 2007
Optimal Unemployment Insurance written by Andreas Pollak and has been published by Mohr Siebeck this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007 with Business & Economics categories.
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.
Unemployment Insurance Benefits And Takeup Rates
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Author : Patricia M. Anderson
language : en
Publisher:
Release Date : 1994
Unemployment Insurance Benefits And Takeup Rates written by Patricia M. Anderson and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1994 with Insurance, Unemployment categories.
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.
An Empirical Investigation Of The Impact Of Unemployment Insurance On Unemployment Duration And Wages Following Unemployment
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Author : Gillian Hunter
language : en
Publisher:
Release Date : 1990
An Empirical Investigation Of The Impact Of Unemployment Insurance On Unemployment Duration And Wages Following Unemployment written by Gillian Hunter and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1990 with categories.
Unemployment Benefits And Duration
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Author : Charles Andrew Lininger
language : en
Publisher:
Release Date : 1963
Unemployment Benefits And Duration written by Charles Andrew Lininger and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1963 with Insurance, Unemployment categories.
Designing Labor Market Institutions In Emerging And Developing Economies
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Author : Mr.Romain A Duval
language : en
Publisher: International Monetary Fund
Release Date : 2019-05-21
Designing Labor Market Institutions In Emerging And Developing Economies written by Mr.Romain A Duval and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-05-21 with Business & Economics categories.
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.
Supply And Demand Effects Of Unemployment Insurance Benefit Extensions Evidence From U S Counties
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Author : Klaus-Peter Hellwig
language : en
Publisher: International Monetary Fund
Release Date : 2021-03-12
Supply And Demand Effects Of Unemployment Insurance Benefit Extensions Evidence From U S Counties written by Klaus-Peter Hellwig and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-03-12 with Business & Economics categories.
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.
Effect Of Unemployment Insurance On Duration Of Unemployment
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Author : Raymond P. H. Fishe
language : en
Publisher:
Release Date : 1980
Effect Of Unemployment Insurance On Duration Of Unemployment written by Raymond P. H. Fishe and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1980 with Unemployment categories.