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Disability insurance (DI) applications and awards are countercyclical. One potential explanation is that unemployed individuals who exhaust their Unemployment Insurance (UI) benefits use DI as a form of extended benefits. We exploit the haphazard pattern of UI benefit extensions in the Great...
Persistent link: https://www.econbiz.de/10010969455
Analysts often examine the black-white test score gap conditional on current family income. We describe a method for identifying the gap conditional on the family’s permanent income. Current income explains only about half as much of the black-white test gap as does permanent income, and the...
Persistent link: https://www.econbiz.de/10010849912
Despite unprecedented extensions of available unemployment insurance (UI) benefits during the "Great Recession" of 2007-09 and its aftermath, large numbers of recipients exhausted their maximum available UI benefits prior to finding new jobs. Using SIPP panel data and an event-study regression...
Persistent link: https://www.econbiz.de/10010884314
Four years after the beginning of the Great Recession, the labor market remains historically weak. Many observers have concluded that structural impediments to recovery bear some of the blame. The author reviews such structural explanations, but after analyzing U.S. data on unemployment and...
Persistent link: https://www.econbiz.de/10010942572
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A great deal of urban policy depends on the possibility of creating stable, economically and racially mixed neighborhoods. Many social interaction models - including the seminal Schelling (1971) model -- have the feature that the only stable equilibria are fully segregated. These models suggest...
Persistent link: https://www.econbiz.de/10005248877
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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