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the effects of unemployment insurance on measured and actual employment, unemployment and non-participation. The data are … effect of UI on unemployment duration and temporary layoffs. The results are rather inconclusive, but suggest the importance …
Persistent link: https://www.econbiz.de/10013220411
We show that the largest increase in unemployment benefits in U.S. history had large spending impacts and small job … dynamics—but not employment dynamics—during the pandemic. Second, benefit expansions allow us to study the MPC of normally low …
Persistent link: https://www.econbiz.de/10014078600
Before 1979, unemployment insurance (UI) benefits were not treated as taxable income in the United States. Several … unemployed persons to conduct longer than socially optimal job searches. Since 1979, however, UI benefits received by persons in … has had the predicted effect of reducing unemployment duration.The study uses data on a sample of persons that filed for …
Persistent link: https://www.econbiz.de/10013223892
vacancy creation, employment, and a rise in unemployment …Equilibrium labor market theory suggests that unemployment benefit extensions affect unemployment by impacting both job … search decisions by the unemployed and job creation decisions by employers. The existing empirical literature focused on the …
Persistent link: https://www.econbiz.de/10013074813
We measure the aggregate effect of unemployment benefit duration on employment and the labor force. We exploit the … benefit duration leads to a statistically significant increase of employment by 0.019 log points. In levels, 2.1 million … individuals secured employment in 2014 due to the benefit cut. More than 1.1 million of these workers would not have participated …
Persistent link: https://www.econbiz.de/10013029552
the effects of unemployment benefit extensions on the labor market and attempt to reconcile their apparently disparate … unemployment rates as an exogenous variation. Unfortunately, we find that this approach falls prey to the very problems it aims to …
Persistent link: https://www.econbiz.de/10012991673
By how much does an extension of unemployment benefits affect macroeconomic outcomes such as unemployment? Answering … this question is challenging because U.S. law extends benefits for states experiencing high unemployment. We use data … and find that they increased the unemployment rate by at most 0.3 percentage point …
Persistent link: https://www.econbiz.de/10012994904
We study a large-scale French reform that provided generous downside insurance for unemployed individuals starting a … employment is largely offset by large crowd-out effects. However, because new firms are more productive, the reform has the …
Persistent link: https://www.econbiz.de/10013043273
Reemployment bonus experiments offer large lump sum payments to unemployment insurance (UI) recipients who find a job … 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 …
Persistent link: https://www.econbiz.de/10013248100
unemployment insurance (UI). This policy reform improved job information and sharpened bureaucratic incentives to find jobs for the … to shift effort towards helping the disabled find jobs and away from helping the unemployed. Interestingly, in the short … unemployment outflows. This is consistent with a model where information helps both groups, but bureaucrats were given incentives …
Persistent link: https://www.econbiz.de/10013022604