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extended unemployment benefits. Using a competing risk duration model, this paper measures the size of the entitlement effect …Extended unemployment benefits programs in the US are triggered by the state insured unemployment rate while intrastate … job hazard, the entitlement effect is stronger in low unemployment labor markets. This finding is robust across a number …
Persistent link: https://www.econbiz.de/10014198831
Extended unemployment benefits programs are triggered by the state insured unemployment rate while intrastate demand … conditions often vary dramatically. Some tight local labor markets may therefore exhibit a large effect of extended unemployment … benefits. Using a competing risk duration model, this paper measures the size of the entitlement effect across two labor …
Persistent link: https://www.econbiz.de/10014207763
Persistent link: https://www.econbiz.de/10011477346
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 … as an instrument to estimate local fiscal multipliers of unemployment benefit transfers. I find (i) that the overall …
Persistent link: https://www.econbiz.de/10012518891
In this paper, U.S. data on labor market histories of displaced workers are used to quantify the effect of Unemployment … Insurance Compensation (UIC) on both unemployment and employment durations. This results in the first available assessment of … unemployment durations. …
Persistent link: https://www.econbiz.de/10011401354
Using newly digitized unemployment insurance claims data we construct a historical monthly unemployment series for U …-level unemployment data, which are only available from January 1976 onwards, and capture consistent patterns in the business cycle. We … use our claims-based unemployment series to examine the evolving pace of post-war unemployment recoveries at the state …
Persistent link: https://www.econbiz.de/10013164115
; 6) time devoted to job search is fairly constant regardless of unemployment duration for those who are ineligible for UI … 50 states and D.C., job search is inversely related to the generosity of unemployment benefits, with an elasticity … of 2.5; 5) job search intensity for those eligible for Unemployment Insurance (UI) increases prior to benefit exhaustion …
Persistent link: https://www.econbiz.de/10003752850
Persistent link: https://www.econbiz.de/10003753988
Persistent link: https://www.econbiz.de/10003833670
A duration model based on the time on Unemployment Insurance (UI) benefits instead of a model based on the time till re … unemployment duration. We also derive the expected UI-benefit costs implied by the model for some typical unemployed individuals. …) Proportional Hazard model to account for an upper bound on the duration. We use a modified mover-stayer model to this end and …
Persistent link: https://www.econbiz.de/10003591472