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Author :
Publisher : DIANE Publishing
ISBN 13 : 1437943373
Total Pages : 86 pages
Book Rating : 4.75/5 ( download)
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:
Author : Lawrence Chimerine
Publisher :
ISBN 13 :
Total Pages : 152 pages
Book Rating : 4.91/5 ( download)
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:
Author : Congressional Budget Office
Publisher : Createspace Independent Pub
ISBN 13 : 9781505261646
Total Pages : 28 pages
Book Rating : 4.43/5 ( download)
Download or read book Unemployment Insurance in the Wake of the Recent Recession written by Congressional Budget Office and published by Createspace Independent Pub. This book was released on 2014-11-29 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt: The unemployment insurance (UI) system is a partnership between the federal government and state governments that provides a temporary weekly benefit to qualified workers who lose their job and are seeking work. The amount of that benefit is based in part on a worker's past earnings. The Congressional Budget Office (CBO) estimates that UI benefits totaled $94 billion in fiscal year 2012 (when the unemployment rate was 8.3 percent, on average), a substantial increase over the $33 billion paid out in fiscal year 2007 (when the unemployment rate was 4.5 percent, on average).The periods for which eligible workers can receive UI benefits have been repeatedly extended during the recent recession and its aftermath. Regular UI benefits generally last up to 26 weeks (see Summary Table 1). Additional weeks of benefits have been provided through the creation of the temporary Emergency Unemployment Compensation (EUC) program in 2008 and through modifications to the extended benefits (EB) program. The EUC program currently provides up to 47 weeks of additional benefits (depending on a state's unemployment rate) after regular UI benefits have been exhausted. The EB program provides up to 20 weeks of benefits to certain eligible workers who have exhausted their EUC benefits (temporary changes in law have made it easier for states to qualify to provide extended benefits and have made the funding for the EB program entirely federal). The benefits the three programs provide—at a total cost over the past five years of roughly $520 billion—have allowed households to better maintain their consumption while household members are unemployed. Under current law, the temporary benefits that have been provided in recent years are set to expire at the end of December 2012.
Author : David E. Balducchi
Publisher : W.E. Upjohn Institute
ISBN 13 : 0880996528
Total Pages : 247 pages
Book Rating : 4.25/5 ( download)
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.
Author : United States. Congress. House. Committee on Ways and Means. Subcommittee on Human Resources
Publisher :
ISBN 13 :
Total Pages : 112 pages
Book Rating : 4.93/5 ( download)
Download or read book Unemployment Insurance and the Recession written by United States. Congress. House. Committee on Ways and Means. Subcommittee on Human Resources and published by . This book was released on 1991 with total page 112 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Alan D. MacKenna
Publisher :
ISBN 13 : 9781614704225
Total Pages : 150 pages
Book Rating : 4.28/5 ( download)
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.
Author : Klaus-Peter Hellwig
Publisher : International Monetary Fund
ISBN 13 : 1513572687
Total Pages : 35 pages
Book Rating : 4.80/5 ( download)
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.
Author : Alan D. MacKenna
Publisher :
ISBN 13 : 9781614703518
Total Pages : 0 pages
Book Rating : 4.15/5 ( download)
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.
Author : Julie M. Whittaker
Publisher : Createspace Independent Pub
ISBN 13 : 9781481144643
Total Pages : 42 pages
Book Rating : 4.42/5 ( download)
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.
Author : Daniel S. Hamermesh
Publisher : Baltimore : Johns Hopkins University Press
ISBN 13 :
Total Pages : 138 pages
Book Rating : 4.31/5 ( download)
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.
