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Over the past several decades, the rate at which regular unemployment insurance recipients run out of benefits before they have found jobs, even in a strong labor market, has been gradually rising. For example, in 1973, 27.4 percent of UI recipients exhausted their benefits; in 2007 (with a...
Persistent link: https://www.econbiz.de/10009379440
Using a random sample of U.S. unemployment insurance (UI) applicants from 2002-09, we find that unemployment duration (as measured by the time spent waiting to apply for benefits) has a negative and nonlinear effect on reservation wages, suggesting job search is a nonstationary process...
Persistent link: https://www.econbiz.de/10014176818
This paper presents a comparison of temporary layoff behavior caused by the two most common methods of experience rating in the U.S. Unemployment Insurance system, the reserve ratio and the benefit ratio methods. Differences in layoff paths arise from different adjustment processes. Under the...
Persistent link: https://www.econbiz.de/10014218311
In response to the 2007-09 "Great Recession," the maximum duration of U.S. unemployment benefits was increased from the normal level of 26 weeks to an unprecedented 99 weeks. I estimate the impact of these extensions on job search, comparing them with the more limited extensions associated with...
Persistent link: https://www.econbiz.de/10010364964
In response to the 2007 - 09 "Great Recession," the maximum duration of U.S. unemployment benefits was increased from the normal level of 26 weeks to an unprecedented 99 weeks. I estimate the impact of these extensions on job search, comparing them with the more limited extensions associated...
Persistent link: https://www.econbiz.de/10010417229
In response to the 2007-09 “Great Recession,” the maximum duration of U.S. unemployment benefits was increased from the normal level of 26 weeks to an unprecedented 99 weeks. I estimate the impact of these extensions on job search, comparing them with the more limited extensions associated...
Persistent link: https://www.econbiz.de/10013052193
During the 2007-2010 economic downturn, the US temporarily increased the duration of Unemployment Insurance (UI) by 73 weeks, higher than any prior extension, raising concerns about UI's disincentive effects on job search. This article examines the effect of temporary benefit extensions using a...
Persistent link: https://www.econbiz.de/10013073035
The trend towards activation has been one of the major issues in recent welfare and labour market reforms in Europe and the US. Despite considerable initial variation across national models with respect to the scope and intensity of activation, redefining the link between social protection and...
Persistent link: https://www.econbiz.de/10003793501
American employment policy for displaced workers started in the Great Depression with programs for the employment service, unemployment insurance, work experience, and direct job creation. Assistance for workers displaced by foreign competition emerged in the 1960s along with formalized programs...
Persistent link: https://www.econbiz.de/10009274109
This paper provides evidence on the behavior of reservation wages over the spell of unemployment using high‐frequency longitudinal data. Using data from our survey of unemployed workers in New Jersey, where workers were interviewed each week for up to 24 weeks, we find that self‐reported...
Persistent link: https://www.econbiz.de/10010246658