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Book Unemployment Insurance as an Economic Stabilizer

Download or read book Unemployment Insurance as an Economic Stabilizer written by Lawrence Chimerine and published by . This book was released on 1999 with total page 152 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Role of Unemployment Insurance as an Automatic Stabilizer During a Recession

Download or read book Role of Unemployment Insurance as an Automatic Stabilizer During a Recession written by and published by DIANE Publishing. This book was released on with total page 86 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Unemployment Insurance as an Economic Stabilizer

Download or read book Unemployment Insurance as an Economic Stabilizer written by Lawrence Chimerine and published by . This book was released on 1999 with total page 121 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book The Importance of Unemployment Insurance as an Automatic Stabilizer

Download or read book The Importance of Unemployment Insurance as an Automatic Stabilizer written by Marco Di Maggio and published by . This book was released on 2016 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: Abstract: We assess the extent to which unemployment insurance (UI) serves as an automatic stabilizer to mitigate the economy's sensitivity to shocks. Using a local labor market design based on heterogeneity in local benefit generosity, we estimate that a one standard deviation increase in generosity attenuates the effect of adverse shocks on employment growth by 7% and on earnings growth by 6%. Consistent with a local demand channel, we find that consumption is less responsive to local labor demand shocks in counties with more generous benefits. Our analysis finds that the local fiscal multiplier of unemployment insurance expenditure is approximately 1.9

Book Unemployment Insurance Reform

Download or read book Unemployment Insurance Reform written by David E. Balducchi and published by W.E. Upjohn Institute. This book was released on 2018-09-11 with total page 247 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Unemployment Insurance (UI) system is a lasting piece of the Social Security Act which was enacted in 1935. But like most things that are over 80 years old, it occasionally needs maintenance to keep it operating smoothly while keeping up with the changing demands placed upon it. However, the UI system has been ignored by policymakers for decades and, say the authors, it is broken, out of date, and badly in need of repair. Stephen A. Wandner pulls together a group of UI researchers, each with decades of experience, who describe the weaknesses in the current system and propose policy reforms that they say would modernize the system and prepare us for the next recession.

Book Supply and Demand Effects of Unemployment Insurance Benefit Extensions  Evidence from U S  Counties

Download or read book Supply and Demand Effects of Unemployment Insurance Benefit Extensions Evidence from U S Counties written by Klaus-Peter Hellwig and published by International Monetary Fund. This book was released on 2021-03-12 with total page 35 pages. Available in PDF, EPUB and Kindle. Book excerpt: I use three decades of county-level data to estimate the effects of federal unemployment benefit extensions on economic activity. To overcome the reverse causality coming from the fact that benefit extensions are a function of state unemployment rates, I only use the within-state variation in outcomes to identify treatment effects. Identification rests on a differences-in-differences approach which exploits heterogeneity in county exposure to policy changes. To distinguish demand and supply-side channels, I estimate the model separately for tradable and non-tradable sectors. Finally I use benefit extensions as an instrument to estimate local fiscal multipliers of unemployment benefit transfers. I find (i) that the overall impact of benefit extensions on activity is positive, pointing to strong demand effects; (ii) that, even in tradable sectors, there are no negative supply-side effects from work disincentives; and (iii) a fiscal multiplier estimate of 1.92, similar to estimates in the literature for other types of spending.

Book A Dialogue

Download or read book A Dialogue written by and published by . This book was released on 1998 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Unemployment Compensation in a Stable Economy

Download or read book Unemployment Compensation in a Stable Economy written by Henry William Steinhaus and published by . This book was released on 1948 with total page 16 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Unemployment Insurance in the United States

Download or read book Unemployment Insurance in the United States written by Christopher J. O'Leary and published by W. E. Upjohn Institute. This book was released on 1997 with total page 792 pages. Available in PDF, EPUB and Kindle. Book excerpt: Discusses the unemployment insurance system in which programmes are operated by each state within the minimum standards established by the federal government.

Book A European Unemployment Benefit Scheme

Download or read book A European Unemployment Benefit Scheme written by Bertelsmann Stiftung and published by Verlag Bertelsmann Stiftung. This book was released on 2014-03-01 with total page 175 pages. Available in PDF, EPUB and Kindle. Book excerpt: The recent euro crisis and the dramatic increase of unemployment in some euro countries have triggered a renewed interest in a fiscal capacity for the European Union to stabilize the economy of its member states. One of the proposed instruments is a common European unemployment insurance. In this book Sebastian Dullien from the HTW Berlin provides and evaluates a blueprint for such a scheme. Building on lessons from the unemployment insurance in the United States of America, he outlines how a European unemployment benefit scheme could be constructed to provide significant stabilization to national business cycles, yet without strongly extending social protection in Europe. Macroeconomic stabilization effects and payment flows between countries are simulated and options, potential pitfalls and existing concerns discussed.

Book Optimal Unemployment Insurance

Download or read book Optimal Unemployment Insurance written by Andreas Pollak and published by Mohr Siebeck. This book was released on 2007 with total page 204 pages. Available in PDF, EPUB and Kindle. Book excerpt: Designing a good unemployment insurance scheme is a delicate matter. In a system with no or little insurance, households may be subject to a high income risk, whereas excessively generous unemployment insurance systems are known to lead to high unemployment rates and are costly both from a fiscal perspective and for society as a whole. Andreas Pollak investigates what an optimal unemployment insurance system would look like, i.e. a system that constitutes the best possible compromise between income security and incentives to work. Using theoretical economic models and complex numerical simulations, he studies the effects of benefit levels and payment durations on unemployment and welfare. As the models allow for considerable heterogeneity of households, including a history-dependent labor productivity, it is possible to analyze how certain policies affect individuals in a specific age, wealth or skill group. The most important aspect of an unemployment insurance system turns out to be the benefits paid to the long-term unemployed. If this parameter is chosen too high, a large number of households may get caught in a long spell of unemployment with little chance of finding work again. Based on the predictions in these models, the so-called "Hartz IV" labor market reform recently adopted in Germany should have highly favorable effects on the unemployment rates and welfare in the long run.

Book Jobless Pay and the Economy

Download or read book Jobless Pay and the Economy written by Daniel S. Hamermesh and published by Baltimore : Johns Hopkins University Press. This book was released on 1977 with total page 138 pages. Available in PDF, EPUB and Kindle. Book excerpt: Monograph on the economic implications of unemployment benefit in the USA - sets out the financing, beneficiaries and regulations governing payment of such insurance, and examines its effects on unemployment, job searching, employer behaviour, business cycles and purchasing power, etc. Bibliography pp. 112 to 114, references and statistical tables.

Book Unemployment Insurance and Its Antipoverty Effects

Download or read book Unemployment Insurance and Its Antipoverty Effects written by Alan D. MacKenna and published by . This book was released on 2011 with total page 150 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines the antipoverty effects of unemployment insurance (UI) benefits over the past three recessions. The analysis especially focuses on the most recent recession, from which the economy has only just begun to recover. It highlights the impact of the additional and expanded benefits available to unemployed workers in response to the most recent recession. A period of unemployment greatly increases the odds that a worker and members of the worker's family will be counted among the nation's poor. A variety of social insurance benefits may be available for unemployed workers. UI benefits provide a cash supplement to replace a portion of lost wages to qualified unemployed individuals. Two main objectives of the joint federal-state unemployment insurance program are to provide temporary and partial wage replacement to involuntarily unemployed workers and to stabilize the economy during recessions.

Book Unemployment Insurance

Download or read book Unemployment Insurance written by W. Lee Hansen and published by Univ of Wisconsin Press. This book was released on 1989-12-31 with total page 506 pages. Available in PDF, EPUB and Kindle. Book excerpt: Modeled after Wisconsin's own unemployment compensation plan in the 1930s, federal unemployment insurance has long been considered one of the most important public policy achievements of the New Deal. Always paying benefits according to legislative and administrative guidelines and never requiring a taxpayer bailout, the program has nonetheless undergone strains induced by structural changes in both the economy and the prevailing political milieu. An outgrowth of a conference to celebrate the program's fiftieth anniversary, the papers collected in this volume describe the history of the program, analyze the strains it has undergone and that it faces in the 1990s, delineate the source of current debates over unemployment compensation, and offer suggestions for the future of the program.

Book Unemployment Insurance and Its Antipoverty Effects

Download or read book Unemployment Insurance and Its Antipoverty Effects written by Alan D. MacKenna and published by . This book was released on 2011 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines the antipoverty effects of unemployment insurance (UI) benefits over the past three recessions. The analysis especially focuses on the most recent recession, from which the economy has only just begun to recover. It highlights the impact of the additional and expanded benefits available to unemployed workers in response to the most recent recession. A period of unemployment greatly increases the odds that a worker and members of the worker's family will be counted among the nation's poor. A variety of social insurance benefits may be available for unemployed workers. UI benefits provide a cash supplement to replace a portion of lost wages to qualified unemployed individuals. Two main objectives of the joint federal-state unemployment insurance program are to provide temporary and partial wage replacement to involuntarily unemployed workers and to stabilize the economy during recessions.