Author: Raymond P. H. Fishe
Publisher:
ISBN:
Category : Unemployment
Languages : en
Pages : 124
Book Description
Effect of Unemployment Insurance on Duration of Unemployment
Author: Raymond P. H. Fishe
Publisher:
ISBN:
Category : Unemployment
Languages : en
Pages : 124
Book Description
Publisher:
ISBN:
Category : Unemployment
Languages : en
Pages : 124
Book Description
Optimal Unemployment Insurance
Author: Andreas Pollak
Publisher: Mohr Siebeck
ISBN: 9783161493041
Category : Business & Economics
Languages : en
Pages : 204
Book Description
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.
Publisher: Mohr Siebeck
ISBN: 9783161493041
Category : Business & Economics
Languages : en
Pages : 204
Book Description
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.
Supply and Demand Effects of Unemployment Insurance Benefit Extensions: Evidence from U.S. Counties
Author: Klaus-Peter Hellwig
Publisher: International Monetary Fund
ISBN: 1513572687
Category : Business & Economics
Languages : en
Pages : 35
Book Description
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.
Publisher: International Monetary Fund
ISBN: 1513572687
Category : Business & Economics
Languages : en
Pages : 35
Book Description
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.
Effects of Unemployment Insurance Entitlement on Duration and Job Search Outcome
Author: Arlene Holen
Publisher:
ISBN:
Category : Unemployed
Languages : en
Pages : 98
Book Description
Publisher:
ISBN:
Category : Unemployed
Languages : en
Pages : 98
Book Description
Duration of Unemployment Benefits and Quality of Post-unemployment Jobs
Author: Jan C. van Ours
Publisher: World Bank Publications
ISBN:
Category : Employment Office
Languages : en
Pages : 33
Book Description
This paper investigates how the potential duration of unemployment benefits affects the quality of post-unemployment jobs. It takes advantage of a natural experiment introduced by a change in Slovenia's unemployment insurance law that substantially reduced the potential benefit duration. Although this reduction strongly increased job finding rates, the quality of the post-unemployment jobs remained unaffected. The paper finds that the law change had no effect on the type of contract (temporary versus permanent), the duration of the post-unemployment job, or the wage earned in the job.
Publisher: World Bank Publications
ISBN:
Category : Employment Office
Languages : en
Pages : 33
Book Description
This paper investigates how the potential duration of unemployment benefits affects the quality of post-unemployment jobs. It takes advantage of a natural experiment introduced by a change in Slovenia's unemployment insurance law that substantially reduced the potential benefit duration. Although this reduction strongly increased job finding rates, the quality of the post-unemployment jobs remained unaffected. The paper finds that the law change had no effect on the type of contract (temporary versus permanent), the duration of the post-unemployment job, or the wage earned in the job.
The Effect of Unemployment Insurance Laws and Administration on Unemployment Rates
Author: Arlene Holen
Publisher:
ISBN:
Category : Unemployed
Languages : en
Pages : 66
Book Description
Publisher:
ISBN:
Category : Unemployed
Languages : en
Pages : 66
Book Description
Unemployment Insurance and Duration of Unemployment
Author: Milan Vodopivec
Publisher: World Bank Publications
ISBN:
Category : Unemployment
Languages : en
Pages : 44
Book Description
Publisher: World Bank Publications
ISBN:
Category : Unemployment
Languages : en
Pages : 44
Book Description
Unemployment Insurance
Author: Ronald G. Bodkin
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 412
Book Description
"Proceedings of an international conference held September 1-4, 1976 in Vancouver, British Columbia ... as part of the program of Liberty Fund inc., managed by the Fraser Institute and organized by Herbert B. Grubel who also chaired the -- conference." Includes bibliographical references.
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 412
Book Description
"Proceedings of an international conference held September 1-4, 1976 in Vancouver, British Columbia ... as part of the program of Liberty Fund inc., managed by the Fraser Institute and organized by Herbert B. Grubel who also chaired the -- conference." Includes bibliographical references.
The Impact of Unemployment Insurance Benefits on Unemployment Duration of Reemployed Workers
Author: Paul L. Burgess
Publisher:
ISBN:
Category : Unemployed
Languages : en
Pages : 76
Book Description
Publisher:
ISBN:
Category : Unemployed
Languages : en
Pages : 76
Book Description