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| Author | : |
| Publisher | : DIANE Publishing |
| Total Pages | : 86 |
| Release | : |
| Genre | : |
| ISBN | : 1437943373 |
| Author | : Wayne Vroman |
| Publisher | : |
| Total Pages | : 72 |
| Release | : 2010 |
| Genre | : Recessions |
| ISBN | : |
| Author | : Lawrence Chimerine |
| Publisher | : |
| Total Pages | : 152 |
| Release | : 1999 |
| Genre | : Insurance, Unemployment |
| ISBN | : |
| Author | : David E. Balducchi |
| Publisher | : W.E. Upjohn Institute |
| Total Pages | : 247 |
| Release | : 2018-09-11 |
| Genre | : Political Science |
| ISBN | : 0880996528 |
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 However, the UI system has been ignored by policymakers for decades and, say the authors, it is broken, out of date, and badly in need of repair.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.
| Author | : Klaus-Peter Hellwig |
| Publisher | : International Monetary Fund |
| Total Pages | : 35 |
| Release | : 2021-03-12 |
| Genre | : Business & Economics |
| ISBN | : 1513572687 |
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.
| Author | : United States. Congress. House. Committee on Ways and Means. Subcommittee on Human Resources |
| Publisher | : |
| Total Pages | : 126 |
| Release | : 1991 |
| Genre | : Insurance, Unemployment |
| ISBN | : |
| Author | : Marco Di Maggio |
| Publisher | : |
| Total Pages | : 44 |
| Release | : 2016 |
| Genre | : Business cycles |
| ISBN | : |
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
| Author | : Alan D. MacKenna |
| Publisher | : |
| Total Pages | : 0 |
| Release | : 2011 |
| Genre | : Economic assistance, Domestic |
| ISBN | : 9781614703518 |
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.
| Author | : James M. McGibany |
| Publisher | : |
| Total Pages | : 374 |
| Release | : 1983 |
| Genre | : Economic stabilization |
| ISBN | : |
| Author | : Alan D. MacKenna |
| Publisher | : |
| Total Pages | : 150 |
| Release | : 2011 |
| Genre | : Political Science |
| ISBN | : 9781614704225 |
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.
