The recession of 2001 and unemployment insurance financing
AbstractAlthough the economic downturn of 2001 was one of the mildest of the past fifty years, between 2002-04, several large states experienced difficulties financing their unemployment insurance (UI) programs. Vroman discusses the recession's effects on states experiencing UI funding problems and the borrowing options available when state trust fund reserves are inadequate. Among his findings, Vroman concludes that all of the states that had to borrow had low trust fund balances at the end of December 2000-just before the recession began-and that funding problems have been concentrated among the large states.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoArticle provided by Federal Reserve Bank of New York in its journal Economic Policy Review.
Volume (Year): (2005)
Issue (Month): Aug ()
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Wayne Vroman, 1990. "Unemployment Insurance Trust Fund Adequacy in the 1990s," Books from Upjohn Press, W.E. Upjohn Institute for Employment Research, number uitfa.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Amy Farber).
If references are entirely missing, you can add them using this form.