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The Wealth of the Unemployed : Adequacy and Implications for Unemployment Insurance
Gruber, Jonathan - 1999
While there has been considerable discussion of the adequacy of unemployment insurance (UI) benefits as a form of income replacement, there is little evidence on the other resources that the unemployed have to finance their unemployment spells. In this paper I focus on focus on one form of...
Persistent link: https://www.econbiz.de/10012471436
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Do Unemployment Insurance Recipients Actively Seek Work? Randomized Trials in Four U.S. States
Ashenfelter, Orley - 1999
In the last two decades, U.S. policies have moved from the use of incentives to the use of sanctions to promote work … which sanctions applied to the abusive use of social entitlements result in greater work effort. In this paper we report the … results of randomized trials designed to measure whether stricter enforcement and verification of work search behavior alone …
Persistent link: https://www.econbiz.de/10012471826
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Lethal Unemployment Bonuses? Substitution and Income Effects on Substance Abuse, 2020-21
Mulligan, Casey B. - National Bureau of Economic Research - 2022
Marginal prices fell, and disposable incomes increased, for drug and alcohol consumers during the pandemic. Most of the amount, timing, and composition of the 240,000 deaths involving alcohol and drugs since early 2020 can be explained by income effects and category-specific price changes. For...
Persistent link: https://www.econbiz.de/10012938688
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A Social Insurance Perspective on Pandemic Fiscal Policy : Implications for Unemployment Insurance and Hazard Pay
Romer, Christina; Romer, David - National Bureau of Economic Research - 2021
This paper considers fiscal policy during the pandemic through the lens of optimal social insurance. We develop a simple framework to analyze how government taxes and transfers could mimic the insurance against pandemic income losses that people would like to have had. Permutations of the...
Persistent link: https://www.econbiz.de/10012660097
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Income-Contingent Loans As an Unemployment Benefit
Mateen, Haaris; Stiglitz, Joseph E.; Yun, Jungyoll - National Bureau of Economic Research - 2021
consumption across states and times. Compared to the first best, there will be too little search. Optimal unemployment programs …
Persistent link: https://www.econbiz.de/10012616645
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Unemployment Insurance in Macroeconomic Stabilization
Kekre, Rohan - National Bureau of Economic Research - 2021
I study unemployment insurance (UI) in general equilibrium with incomplete markets, search frictions, and nominal …
Persistent link: https://www.econbiz.de/10012696414
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Should We Have Automatic Triggers for Unemployment Benefit Duration And How Costly Would They Be?
Chodorow-Reich, Gabriel; Ganong, Peter; Gruber, Jonathan - National Bureau of Economic Research - 2022
We model automatic trigger policies for unemployment insurance by simulating a weekly panel of individual labor market histories, grouped by state. We reach three conclusions: (i) policies designed to trigger immediately at the onset of a recession result in benefit extensions that occur in less...
Persistent link: https://www.econbiz.de/10012814478
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Did Pandemic Unemployment Benefits Reduce Employment? Evidence from Early State-Level Expirations in June 2021
Holzer, Harry J.; Hubbard, R. Glenn; Strain, Michael R. - National Bureau of Economic Research - 2021
The generosity of Unemployment Insurance (UI) benefits was expanded during the pandemic (FPUC), along with the groups of workers eligible for benefits (PUA). These two programs were set to expire in September 2021, but 18 states opted out of both in June 2021. Using Current Population Survey...
Persistent link: https://www.econbiz.de/10012794603
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Racial Inequality in Unemployment Insurance Receipt and Take-Up
Kuka, Elira; Stuart, Bryan A. - National Bureau of Economic Research - 2021
This paper studies differences in receipt and take-up of unemployment insurance (UI) benefits among white and Black individuals. We combine state-level UI regulations with data containing detailed information on individuals' work history and UI receipt. Black individuals who separate from a job...
Persistent link: https://www.econbiz.de/10012794622
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Compensating Wage Differentials and the Duration of Wage Loss
Hamermesh, Daniel S. - 1986
Several reasons are offered why workers will receive larger compensating wage differentials for increases in the duration of wage losses than for increases in the probability of loss that produce the same expected loss. A formal model of occupational choice is developed that shows the extent to...
Persistent link: https://www.econbiz.de/10012477188