Author: United States. Bureau of Labor StatisticsPublisher:
ISBN:
Category : Government publications
Languages : en
Pages : 24
Book Description
How the Government Measures Unemployment
Author: United States. Bureau of Labor StatisticsPublisher:
ISBN:
Category : Government publications
Languages : en
Pages : 24
Book Description
Optimal Unemployment Insurance
Author: Andreas PollakPublisher: 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.
Out of Work
Author: Richard K VedderPublisher: NYU Press
ISBN: 0814788335
Category : Business & Economics
Languages : en
Pages : 407
Book Description
Argues the cause of unemployment may be the government itself Redefining the way we think about unemployment in America today, Out of Work offers devastating evidence that the major cause of high unemployment in the United States is the government itself.
Unemployment Insurance
Author: W. Lee HansenPublisher: Univ of Wisconsin Press
ISBN: 9780299123543
Category : Business & Economics
Languages : en
Pages : 506
Book Description
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.
Cut Loose
Author: Victor Tan ChenPublisher: Univ of California Press
ISBN: 0520283007
Category : Social Science
Languages : en
Pages : 338
Book Description
"Years after the Great Recession, the economy is still weak, and an unprecedented number of workers have sunk into long spells of unemployment, increasingly unlikely to get another good job in their lifetimes. Based on a careful crossnational comparison, "Cut Loose" describes the experiences of American and Canadian unemployed workers and the impact of the different social policies meant to help them. It focuses on a historically important group: autoworkers. Their well-paid factory jobs built a strong middle class in the decades after World War II. But today, they find themselves lost and beleaguered in a changed economy of greater inequality and risk, one that favors the well-educated--or well-connected. Their declining fortunes tell us something about what the white-collar workforce should expect in the years ahead, as job-killing technologies and the shipping of work overseas take away even more good jobs. Their frustrating experiences with retraining question whether education is really the cure-all it is made out to be. And their grim prospects in the job market reveal today's frenzied competition and harsh culture of judgment that has trickled down to a group long known for its strong belief in equality. "Cut Loose" provides a poignant look at how the long-term unemployed struggle in today's unfair economy to support their families, rebuild their lives, and cope with shame and self-blame. Yet it is also a call to action--a blueprint for a new kind of politics, one that offers a measure of grace in a society of ruthless advancement."--Provided by publisher.
The Wage Curve
Author: David G. BlanchflowerPublisher: MIT Press
ISBN: 9780262023757
Category : Business & Economics
Languages : en
Pages : 504
Book Description
The Wage Curve casts doubt on some of the most important ideas in macroeconomics, labor economics, and regional economics. According to macroeconomic orthodoxy, there is a relationship between unemployment and the rate of change of wages. According to orthodoxy in labor economics and regional economics an area's wage is positively related to the amount of joblessness in the area. The Wage Curve suggests that both these beliefs are incorrect. Blanchflower and Oswald argue that the stable relationship is a downward-sloping convex curve linking local unemployment and the level of pay. Their study, one of the most intensive in the history of social science, is based on random samples that provide computerized information on nearly four million people from sixteen countries. Throughout, the authors systematically present evidence and possible explanations for their empirical law of economics.
Designing Labor Market Institutions in Emerging and Developing Economies
Author: Mr.Romain A DuvalPublisher: International Monetary Fund
ISBN: 1498313264
Category : Business & Economics
Languages : en
Pages : 58
Book Description
This paper discusses theoretical aspects and evidences related to designing labor market institutions in emerging market and developing economies. This note reviews the state of theory and evidence on the design of labor market institutions in a developing economy context and then reviews its consistency with actual labor market advice in a selected set of emerging and developing economies. The focus is mainly on three broad sets of institutions that matter for both workers’ protection and labor market efficiency: employment protection, unemployment insurance and social assistance, minimum wages and collective bargaining. Text mining techniques are used to identify IMF recommendations in these areas in Article IV Reports for 30 emerging and frontier economies over 2005–2016. This note has provided a critical review of the literature on the design of labor market institutions in emerging and developing market economies, and benchmarked the advice featured in IMF recommendations for 30 emerging market and frontier economies against the tentative conclusions from the literature.
Mismatch Unemployment
Author: Aysegul SahinPublisher:
ISBN: 9781457838200
Category : Economics
Languages : en
Pages : 79
Book Description
We develop a framework where mismatch between vacancies and job seekers across sectors translates into higher unemployment by lowering the aggregate job-finding rate. We use this framework to measure the contribution of mismatch to the recent rise in U.S. unemployment by exploiting two sources of cross-sectional data on vacancies, JOLTS and HWOL, a new database covering the universe of online U.S. job advertisements. Mismatch across industries and occupations explains at most 1/3 of the total observed increase in the unemployment rate, whereas geographical mismatch plays no apparent role. The share of the rise in unemployment explained by occupational mismatch is increasing in the education level.
Understanding Unemployment
Author: Lawrence H. SummersPublisher: MIT Press (MA)
ISBN: 9780262691574
Category : Unemployment
Languages : en
Pages : 360
Book Description
This collection of work by Lawrence Summers and colleagues Kim Clark, James Poterba, Gregory Mankiw, Julio Rotemberg, and Olivier Blanchard explores new theories of joblessness that could eventually explain why unemployment remains high despite relatively healthy economic growth. It is based on the notion that joblessness is an important, measurable, and definable concept of pervasive importance in modern economies. Understanding Unemployment contains a number of articles that have changed the way economists think about unemployment. These examine the burden of unemployment, the extent to which normal measures understate its consequences, its relationship to supply and demand factors, and the role of unions. Substantial introductory and concluding chapters present new and original material on the crucial facts that any theory of unemployment must grapple with, and the types of theories needed to accommodate the empirical facts of today's unemployment. Lawrence H. Summers is Vice President and Chief Economist at the World Bank, Professor of Economics at Harvard University, and Research Associate at the National Bureau of Economic Research. He is editor of the series Tax Policy and the Economy.
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