IDEAS home Printed from https://ideas.repec.org/a/sae/ilrrev/v33y1979i1p95-95.html
   My bibliography  Save this article

What Have We Learned from Empirical Studies of Unemployment Insurance?

Author

Listed:
  • N/A

Abstract

TIMOTHY J. CARR of Mathematica Policy Research, Inc. has brought to our attention an error in an example provided by Finis Welch in his July 1977 Review article, “What Have We Learned from Empirical Studies of Unemployment Insurance?†On page 459 Welch stated that under his assumptions (of a uniform distribution of unemployment duration from zero to twenty weeks and a two-week waiting period), the mean duration among those not receiving benefits, given an 80 percent coverage rate, would be six weeks. Actually, with an 80 percent coverage rate, the mean duration would be 7.43 weeks. According to Welch, this can be verified by the following calculations: With fraction, C, of the population covered and with 10 percent of covered employees not receiving benefits, the fraction of the total population not receiving benefits is C ( .1 ) + ( 1 - C ) = 1 - .9 C and expected or mean duration is ( 1.0   × C × .1 + ( 1 - C ) × 10.0 ) / ( 1 - .9 C ) = ( 10.0 - 9.9 C ) / ( 1 - .9 C ) So, with C = 0.8, expected duration is (10.0 − 7.92) / (1 − .72) = 2.08/.28 = 7.43. EDITOR

Suggested Citation

  • N/A, 1979. "What Have We Learned from Empirical Studies of Unemployment Insurance?," ILR Review, Cornell University, ILR School, vol. 33(1), pages 95-95, October.
  • Handle: RePEc:sae:ilrrev:v:33:y:1979:i:1:p:95-95
    DOI: 10.1177/001979397903300109
    as

    Download full text from publisher

    File URL: https://journals.sagepub.com/doi/10.1177/001979397903300109
    Download Restriction: no

    File URL: https://libkey.io/10.1177/001979397903300109?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
    ---><---

    More about this item

    Statistics

    Access and download statistics

    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:sae:ilrrev:v:33:y:1979:i:1:p:95-95. 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: SAGE Publications (email available below). General contact details of provider: http://www.ilr.cornell.edu .

    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.