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We use a large panel of married households to update estimated added worker effects. In response to a primary earner's job loss, secondary earners are 3 percentage points more likely to work and compensate for 6% of the displaced worker's lost earnings. When a secondary earner is displaced,...
Persistent link: https://www.econbiz.de/10013289734
We use a panel of tax returns spanning 1999 to 2011 to provide new evidence on household experiences during unemployment. Unemployment is associated with roughly a 20% reduction in household wage earnings. Unemployment insurance compensates for half of these wage losses. Households also...
Persistent link: https://www.econbiz.de/10013033766
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We use a panel of tax returns spanning 1999 to 2011 to provide new evidence on household experiences during unemployment. Unemployment is associated with roughly a 20% reduction in household wage earnings. Unemployment insurance compensates for half of these wage losses. Households also...
Persistent link: https://www.econbiz.de/10011268624
This paper uses tax return data from 1999 to 2009 to provide new estimates of wage losses during unemployment, and to examine how other types of income change dur- ing an unemployment spell. Periods of unemployment are associated with significant reductions in wage income, equivalent to...
Persistent link: https://www.econbiz.de/10010635351