Economic effects of the unemployment insurance benefit
AbstractThe U.S. labor market has remained weak in recent years, even though the overall economy itself has started to grow again after the deep recession. In response to the weak labor market conditions, the U.S. government has greatly expanded the entitlement period of unemployment insurance (UI) benefits. In “Economic Effects of the Unemployment Insurance Benefit,” Shigeru Fujita reviews some of the academic literature on the economic effects of UI benefits. On the one hand, UI can improve people’s well being because it helps them avoid a large drop in consumption in the face of job losses when job losers do not have enough savings. On the other hand, there is a concern that it might produce an adverse effect on the incentive to look for a job. The author covers leading theoretical as well as empirical studies, which are useful in evaluating the recent expansion of unemployment insurance benefits.
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 Philadelphia in its journal Business Review.
Volume (Year): (2010)
Issue (Month): Q4 ()
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.:
- Fallick, Bruce Chelimsky, 1991.
"Unemployment Insurance and the Rate of Re-employment of Displaced Workers,"
The Review of Economics and Statistics,
MIT Press, vol. 73(2), pages 228-35, May.
- Bruce K. Fallick, 1989. "Unemployment Insurance and the Rate of Re-Employment of Displaced Workers," UCLA Economics Working Papers 550, UCLA Department of Economics.
- Moffitt, Robert, 1985. "Unemployment insurance and the distribution of unemployment spells," Journal of Econometrics, Elsevier, vol. 28(1), pages 85-101, April.
- David Card & Raj Chetty & Andrea Weber, 2007.
"The Spike at Benefit Exhaustion: Leaving the Unemployment System or Starting a New Job?,"
NBER Working Papers
12893, National Bureau of Economic Research, Inc.
- David Card & Raj Chetty & Andrea Weber, 2007. "The Spike at Benefit Exhaustion: Leaving the Unemployment System or Starting a New Job?," American Economic Review, American Economic Association, vol. 97(2), pages 113-118, May.
- Card, David & Chetty, Raj & Weber, Andrea, 2007. "The Spike at Benefit Exhaustion: Leaving the Unemployment System or Starting a New Job?," IZA Discussion Papers 2590, Institute for the Study of Labor (IZA).
- Jun Nie & Ethan Struby, 2011. "Would active labor market policies help combat high U.S. unemployment?," Economic Review, Federal Reserve Bank of Kansas City, issue Q III, pages 35-69.
- Jesse Rothstein, 2011.
"Unemployment Insurance and Job Search in the Great Recession,"
NBER Working Papers
17534, National Bureau of Economic Research, Inc.
- Jesse Rothstein, 2011. "Unemployment Insurance and Job Search in the Great Recession," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 43(2 (Fall)), pages 143-213.
- Rothstein, Jesse, 2011. "Unemployment Insurance and Job Search in the Great Recession," Institute for Research on Labor and Employment, Working Paper Series qt5611t356, Institute of Industrial Relations, UC Berkeley.
- Christian Glocker, 2012. "Unemployment compensation and aggregate fluctuations," International Review of Economics, Springer, vol. 59(1), pages 21-39, March.
- Makoto Nakajima, 2011.
"A Quantitative Analysis of Unemployment Benefit Extensions,"
Global COE Hi-Stat Discussion Paper Series
gd10-175, Institute of Economic Research, Hitotsubashi University.
- Nakajima, Makoto, 2012. "A quantitative analysis of unemployment benefit extensions," Journal of Monetary Economics, Elsevier, vol. 59(7), pages 686-702.
- Makoto Nakajima, 2011. "A quantitative analysis of unemployment benefit extensions," Working Papers 11-8, Federal Reserve Bank of Philadelphia.
- Makoto Nakajima, 2011. "Quantitative Analysis of Unemployment Benefit Extensions," 2011 Meeting Papers 328, Society for Economic Dynamics.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Beth Paul).
If references are entirely missing, you can add them using this form.