Download or read book Labor Supply Effects of Extended Unemployment Benefits written by Gary Solon and published by . This book was released on 1978 with total page 12 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Effects of Extended Unemployment Benefits written by Po-Chun Huang and published by . This book was released on 2020 with total page 63 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper uses administrative unemployment insurance (UI) data and an unemployment benefits extension for workers aged 45 or older in Taiwan to estimate the effects of the extended benefits on unemployment duration and reemployment outcomes. Using the regression discontinuity design, we estimate that a 90-day increase in potential duration increases the insured duration by 57 days and the non-employment duration by 41 days. While we do not find wage gains for overall UI recipients around 45 years old, the benefits extension is estimated to increase the reemployment wage for the lower-wage workers who are most likely to exhaust their benefits. Our findings suggest that the liquidity constraints at the exhaustion point might play an important role in the effect of a benefit extension on job match quality.

Download or read book Extended Temporary Unemployment Compensation Benefits written by United States. Congress. House. Committee on Ways and Means and published by . This book was released on 1962 with total page 280 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Economic Impact of Recent Temporary Unemployment Insurance Extensions written by and published by DIANE Publishing. This book was released on with total page 19 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Extending Unemployment Compensation Benefits During Recessions written by Julie M. Whittaker and published by Createspace Independent Pub. This book was released on 2012-12-01 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report describes the history of temporary federal extensions to unemployment benefits from 1980 to the present. Among these extensions is the Emergency Unemployment Compensation (EUC08) program created by P.L. 110-252 (amended by P.L. 110-449, P.L. 111-5, P.L. 111-92, P.L. 111-118, P.L. 111-144, P.L. 111-157, P.L. 111-205, P.L. 111-312, P.L. 112-78, and P.L. 112-96). This report contains five sections. The first section provides background information on unemployment compensation (UC) benefits. It also provides a brief summary of UC benefit exhaustion and how exhaustion rates are related to the business cycle. The second section provides the definition of a recession as well as the determination process for declaring a recession. It also provides information on the timing of all recessions since 1980. The third section summarizes the legislative history of federal extensions of unemployment benefits. It includes information on the permanently authorized extended benefit (EB) program as well as information on temporary unemployment benefit extensions. It also includes a brief discussion on the role of extended unemployment benefits as part of an economic stimulus package. The fourth section provides figures examining the timing of recessions and statistics that may be considered for determining extending unemployment benefits. The fifth section briefly discusses previous methods for financing these temporary programs. In particular it attempts to identify provisions in temporary extension legislation that may have led to increases in revenue or decreases in spending related to unemployment benefits.

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.

Download or read book The Federal Supplemental Benefits Program written by Walter Corson and published by W. E. Upjohn Institute. This book was released on 1982 with total page 136 pages. Available in PDF, EPUB and Kindle. Book excerpt: This monograph evaluates the overall performance of the Federal Supplemental Benefits (FSB) program and provides a general framework for future consideration of emergency supplemental benefits programs. Following an introduction that provides a summary of findings detailed in the paper, the monograph is divided into five chapters. Chapter 2 provides a historical summary of legislation concerning unemployment benefits duration. It stresses the expanding federal role in such policies and points out assumptions believed to have prompted this expansion. Chapter 3 briefly describes characteristics and labor market experiences of individuals who collected benefits under FSB. Chapter 4 discusses the general allocational effects of extended benefits programs and examines specific effects of the FSB program. Chapter 5 considers the distributional impact of FSB by examining how well it compensated workers for recession-induced unemployment and whether it prevented poverty among lowest income FSB recipients. FSB's relationship to welfare programs is also considered. Chapter 6 provides an overall assessment of FSB by addressing seven basic questions policy makers will have to answer in future recessions. A brief discussion of alternative policies during recessions is included. (YLB)

Download or read book Unemployment Compensation written by James R. Storey and published by . This book was released on 1993 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt:

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.

Download or read book Extended UI Benefit Triggers written by Walter Corson and published by . This book was released on 1994 with total page 80 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Effects of Extended Unemployment Insurance Benefits written by Shigeru Fujita and published by . This book was released on 2016 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt: Using the monthly CPS, the author estimates unemployment-to-employment (UE) transition rates and unemployment-to-inactivity (UN) transition rates by unemployment duration for male workers. When estimated for the period of 2004-2007, during which no extended benefits are available, both of the transition-rate profiles show clear patterns consistent with the expiration of regular benefits at 26 weeks. These patterns largely disappear in the profiles for the period of 2009-2010, during which large-scale extensions have become available. The author conducts counterfactual experiments in which the estimated profiles for 2009-2010 are replaced by the hypothetical profiles inferred from the ones for 2004-2007. The results indicate that the benefit extensions in recent years have raised male workers' unemployment rate by 0.9-1.7 percentage points. Roughly 50-60 percent of the total increase is attributed to the effects on UE transition rates and the remaining part is accounted for by the effects on UN transition rates.

Download or read book Are extended unemployment benefits harmful to older workers written by Maximilian Ludwig and published by GRIN Verlag. This book was released on 2022-04-12 with total page 25 pages. Available in PDF, EPUB and Kindle. Book excerpt: Essay aus dem Jahr 2021 im Fachbereich VWL - Arbeitsmarktökonomik, Note: 2,0, Universität zu Köln, Sprache: Deutsch, Abstract: Retirement from the labour market takes place regularly on the basis of the statutory retirement age or on the basis of early retirement schemes. In addition, unemployment combined with low chances of continued employment in the labour market can lead older workers to take advantage of state social benefits or early retirement programmes. In the recent past, these programmes have been seen in many EU countries as an exit route from the labour market for older workers - usually from the age of 55 onwards - and as a soft entry route towards regular retirement. This was politically desired and promoted, for example, to create jobs for younger workers. If older workers leave the labour market prematurely and receive state social benefits over a longer period of time - e.g. in the form of unemployment benefits or extended unemployment benefits - this is associated with negative effects. According to the prevailing scientific opinion, extended unemployment benefits promote the duration of unemployment as well as the duration until a new job is taken up. Moreover, the higher the unemployment benefit, the greater the probability that the individual will decide against a job offer on the labour market. Another spectrum of negative effects of early retirement programmes or extended unemployment benefits includes, especially for men, health consequences and a higher risk of mortality. The aim of this paper is to discuss the results of empirical studies focusing on the negative effects of early retirement programmes and to answer the research question: "Are extended unemployment benefits harmful to older workers? ". For the sake of completeness, empirical studies are also presented that prove positive effects of early retirement programmes. The course of the work begins with the definition of the term "older workers". The second chapter looks at the reasons that justify retirement from employment. In this context, the effect of unemployment benefits and extended unemployment benefits as incentive effects is discussed. The third chapter then focuses on the long-term effects of extended unemployment benefits and early retirement, with the emphasis on negative aspects. Empirical studies on this topic form the basis for this. To complete the picture, empirical studies are discussed that demonstrate positive effects of extended unemployment benefits or early retirement programmes. In the last chapter, the thesis ends with a conclusion and an outlook.

Download or read book Extended Unemployment Compensation Program written by United States. Congress. House. Committee on Ways and Means. Subcommittee on Public Assistance and Unemployment Compensation and published by . This book was released on 1986 with total page 106 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Family Incomes of Unemployment Insurance Recipients and the Implications for Extending Benefits written by and published by . This book was released on 1990 with total page 76 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Unemployment Insurance Benefits written by United States. Congress. Senate. Committee on Finance and published by . This book was released on 2009 with total page 122 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Effects of Unemployment Benefits on Unemployment and Labor Force Participation written by Andrew Figura and published by . This book was released on 2014 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

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.