IDEAS home Printed from https://ideas.repec.org/a/inm/orinte/v18y1988i2p64-71.html
   My bibliography  Save this article

Risk Funding of Unemployment Insurance: An Econometric Approach

Author

Listed:
  • Conway Lackman

    (Virginia Employment Commission, Economic Information Services Division, 703 East Main Street, PO Box 1358, Richmond, Virginia 23211)

  • Alex Valz

    (Virginia Employment Commission, Economic Information Services Division, 703 East Main Street, PO Box 1358, Richmond, Virginia 23211)

Abstract

The unemployment insurance econometric forecasting model (UIEFM) provides legislative policy simulations to the Virginia Employment Commission. One mode of the UIEFM, the economic projection program, generates alternative economic and policy forecasts. These forecasts are used by mode 2, the financial forecast program, to project trust fund balances, receipts, and benefits over a 10-year horizon. Three major unemployment insurance legislative policy problems are examined: (1) excess solvency, (2) the impact of benefit increases on solvency, and (3) pool tax volatility. The fiscal impact of each policy problem is estimated by means of UIEFM policy simulations.

Suggested Citation

  • Conway Lackman & Alex Valz, 1988. "Risk Funding of Unemployment Insurance: An Econometric Approach," Interfaces, INFORMS, vol. 18(2), pages 64-71, April.
    • Handle: RePEc:inm:orinte:v:18:y:1988:i:2:p:64-71
    DOI: 10.1287/inte.18.2.64
    as

    Download full text from publisher

    File URL: http://dx.doi.org/10.1287/inte.18.2.64
    Download Restriction: no
    File URL: https://libkey.io/10.1287/inte.18.2.64?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:inm:orinte:v:18:y:1988:i:2:p:64-71. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Asher (email available below). General contact details of provider: https://edirc.repec.org/data/inforea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.