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Unemployment Insurance and Job Search in the Great Recession

Rothstein, Jesse - National Bureau of Economic Research (NBER) - 2011

Nearly two years after the official end of the "Great Recession," the labor market remains historically weak. One candidate explanation is supply-side effects driven by dramatic expansions of Unemployment Insurance (UI) benefit durations, to as many as 99 weeks. This paper investigates the...

Persistent link: https://www.econbiz.de/10009325541

Supply Side Hysterisis: The Case of the Canadian Unemployment InsuranceSystem

Lemieux, Thomas; MacLeod, W. Bentley - National Bureau of Economic Research (NBER) - 1998

This paper presents results from a 1971 natural experiment carried out by the Canadian government on the unemployment insurance system. At that time, they dramatically increased the generosity of the system. We find that the propensity to collect UI increases with a first time exposure to the...

Persistent link: https://www.econbiz.de/10005778253

A Theory of the Consumption Function, With and Without Liquidity Constraints (Expanded Version)

Carroll, Christopher - National Bureau of Economic Research (NBER) - 2001

This paper argues that the modern stochastic consumption model, in which impatient consumers face uninsurable labor income risk, matches Milton Friedman's (1957) original description of the Permanent Income Hypothesis much better than the perfect foresight or certainty equivalent models did. The...

Persistent link: https://www.econbiz.de/10005829928

U.S. Trade Policy Since 1934: An Uneven Path Toward Greater Trade Liberalization

Baldwin, Robert E. - National Bureau of Economic Research (NBER) - 2009

This paper presents a comprehensive but relatively brief historical survey of U.S. trade-policy over the last 75 years. It is aimed at individuals who are not already familiar with the concepts and terminology used in discussions of trade policy and the domestic and international institutional...

Persistent link: https://www.econbiz.de/10008627160

Macroeconomics with Financial Frictions: A Survey

Brunnermeier, Markus K.; Eisenbach, Thomas M.; … - National Bureau of Economic Research (NBER) - 2012

This article surveys the macroeconomic implications of financial frictions. Financial frictions lead to persistence and when combined with illiquidity to non-linear amplification effects. Risk is endogenous and liquidity spirals cause financial instability. Increasing margins further restrict...

Persistent link: https://www.econbiz.de/10011271420

The Limits to Wage Growth: Measuring the Growth Rate of Wages For Recent Welfare Leavers

Card, David E.; Michalopoulos, Charles; Robins, Philip … - National Bureau of Economic Research (NBER) - 2001

We study the rate of wage growth among welfare leavers in the Self Sufficiency Program (SSP), an experimental earnings subsidy offered to long-term welfare recipients in Canada. Single parents who started working in response to the SSP incentive are younger, less educated, and have more young...

Persistent link: https://www.econbiz.de/10005828425

When Do Women Use AFDC & Food Stamps? The Dynamics of Eligibility vs. Participation

Blank, Rebecca M.; Ruggles, Patricia - National Bureau of Economic Research (NBER) - 1993

This paper investigates dynamic patterns in the relationship between eligibility and participation in the AFDC and food stamp programs, using monthly longitudinal data from the Survey of Income and Program Participation. The results indicate that the majority of eligibility spells are relatively...

Persistent link: https://www.econbiz.de/10005828505

Further Evidence that Legalized Abortion Lowered Crime: A Reply to Joyce

Donohue, John J.; Levitt, Steven - National Bureau of Economic Research (NBER) - 2003

Donohue and Levitt (2001) present a number of analyses that suggest a causal link between legalized abortion and reductions in crime almost two decades later when the cohorts exposed to legalized abortion reach their peak crime years. Joyce (2003) challenges that finding. In this paper, we...

Persistent link: https://www.econbiz.de/10005828980

Welfare Transfers in Two-Parent Families: Labor Supply and Welfare Participation Under AFDC-UP

Hoynes, Hilary Williamson - National Bureau of Economic Research (NBER) - 1993

This paper examines the effect of cash transfers and food stamp benefits on family labor supply and welfare … model, the husband's and wife's labor supply decisions are constrained by a family budget constraint which is non-convex due …-UP program, and to simulate the effects of changes in AFDC-UP benefit and eligibility rules on family labor supply and welfare …

Persistent link: https://www.econbiz.de/10005829042

The Effects of Housing Assistance on Labor Supply: Evidence from a Voucher Lottery

Jacob, Brian A.; Ludwig, Jens - National Bureau of Economic Research (NBER) - 2008

This study estimates the effects of means-tested housing programs on labor supply using data from a randomized housing voucher wait-list lottery in Chicago. Evidence for the net effects of housing programs on labor supply is central to a wide range of policy decisions about how to provide...

Persistent link: https://www.econbiz.de/10005829080

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