The Impact of Unemployment Insurance Benefits on Local Economies

The Impact of Unemployment Insurance Benefits on Local Economies PDF Author: United States. Employment and Training Administration
Publisher:
ISBN:
Category : Unemployed
Languages : en
Pages : 88

Book Description

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

The Effects of Aggregate Unemployment Insurance Benefits in the U.S. on the Operation of a Local Economy PDF Author: Ronald L. Oaxaca
Publisher:
ISBN:
Category : Unemployment insurance
Languages : en
Pages : 78

Book Description

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

Supply and Demand Effects of Unemployment Insurance Benefit Extensions: Evidence from U.S. Counties PDF Author: Klaus-Peter Hellwig
Publisher: International Monetary Fund
ISBN: 1513572687
Category : Business & Economics
Languages : en
Pages : 35

Book Description
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.

Unemployment Insurance as an Economic Stabilizer

Unemployment Insurance as an Economic Stabilizer PDF Author: Lawrence Chimerine
Publisher:
ISBN:
Category : Insurance, Unemployment
Languages : en
Pages : 152

Book Description

Economic Impact of Recent Temporary Unemployment Insurance Extensions

Economic Impact of Recent Temporary Unemployment Insurance Extensions PDF Author:
Publisher: DIANE Publishing
ISBN: 1437943624
Category :
Languages : en
Pages : 19

Book Description

Jobless Pay and the Economy

Jobless Pay and the Economy PDF Author: Daniel S. Hamermesh
Publisher: Baltimore : Johns Hopkins University Press
ISBN:
Category : Business & Economics
Languages : en
Pages : 136

Book Description
Monograph on the economic implications of unemployment benefit in the USA - sets out the financing, beneficiaries and regulations governing payment of such insurance, and examines its effects on unemployment, job searching, employer behaviour, business cycles and purchasing power, etc. Bibliography pp. 112 to 114, references and statistical tables.

Unemployment Insurance in the United States

Unemployment Insurance in the United States PDF Author: Christopher J. O'Leary
Publisher: W. E. Upjohn Institute
ISBN:
Category : Business & Economics
Languages : en
Pages : 792

Book Description
Discusses the unemployment insurance system in which programmes are operated by each state within the minimum standards established by the federal government.

Optimal Unemployment Insurance

Optimal Unemployment Insurance PDF Author: Andreas Pollak
Publisher: Mohr Siebeck
ISBN: 9783161493041
Category : Business & Economics
Languages : en
Pages : 204

Book Description
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

How the Government Measures Unemployment PDF Author: United States. Bureau of Labor Statistics
Publisher:
ISBN:
Category : Labor
Languages : en
Pages : 24

Book Description

Role of Unemployment Insurance as an Automatic Stabilizer During a Recession

Role of Unemployment Insurance as an Automatic Stabilizer During a Recession PDF Author:
Publisher: DIANE Publishing
ISBN: 1437943373
Category :
Languages : en
Pages : 86

Book Description

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