This article analyzes an experimental program that offered payments to unemployment insurance recipients who found a job quickly. The experiment provided exogenous differences in individual incentives, which the author uses to test labor supply and search theories of unemployment. He examines...

This paper empirically examines the importance of explicitly accounting for the layoff-rehire process in the analysis of unemployment outcomes in the United States. The authors find that the spells of individuals who initially expect to be recalled account for much more of the unemployment of...

The authors survey unemployment insurance in the United States and provide new evidence on the unemployment insurance payroll tax. Most unemployment insurance receipt is due to firms that pay part of the unemployment insurance costs of their layoffs, but weak experience rating leads most firms...

This paper tests the effects of the level and length of unemployment insurance benefits on unemployment durations. The paper particularly studies individual behavior during the weeks just prior to when benefits lapse. Higher unemployment insurance benefits are found to have a strong negative...

Meta-regression estimates of the value of a statistical life (VSL) controlling for publication selection bias yield bias-corrected estimates of VSL that are higher for labor market studies using the more recent Census of Fatal Occupational Injuries (CFOI) data. These results are borne out by the...

Receipt of multiple sources of risk information ideally should foster sounder decisions under uncertainty. This paper's original survey results for environmental risks suggest that the learning process is reasonable in many respects but it does not accord with a rational Bayesian learning model....

Whereas the literature evaluating the effect of tort reforms has focused on reported incurred losses, this paper examines the long run effects using a comprehensive sample by state of individual firms writing medical malpractice insurance from 1984-2003. The long run effects of reforms are...

This paper provides a systematic review of the economic analysis of health, safety, and environmental regulations. Although the market failures that give rise to a rationale for intervention are well known, not all market failures imply that market risk levels are too great. Hazard warnings...

A nationally representative sample of respondents estimated their fatality risks from four types of natural disasters, and indicated whether they favored governmental disaster relief. For all hazards, including auto accident risks, most respondents assessed their risks as being below average,...