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We study the labor market effects of permanent 23-50% reductions in unemployment insurance benefits available in seven states. Leveraging linked firm-establishment data, we find that establishments based in reform states experience 1.5-2.4% faster employment growth relative to the same firm's...
Persistent link: https://www.econbiz.de/10013334371
We design and field an innovative survey of unemployment insurance (UI) recipients that yields new insights about wage stickiness on the layoff margin. Most UI recipients express a willingness to accept wage cuts of 5-10 percent to save their jobs, and one third would accept a 25 percent cut....
Persistent link: https://www.econbiz.de/10014337762
This paper provides estimates of the effect of unemployment insurance benefits on labor supply outcomes over the business cycle using 20 years of administrative claims and earnings data from California. A regression kink design exploiting nonlinear benefit schedules provides experimental...
Persistent link: https://www.econbiz.de/10014468271
The U.S. unemployment insurance (UI) system operates as a federal-state partnership, where states have considerable autonomy to decide on specific UI rules. This has allowed for systematically stricter rules in states with a larger Black population. We study how these differences in state rules...
Persistent link: https://www.econbiz.de/10013334469
We show that the largest increase in unemployment benefits in U.S. history had large spending impacts and small job-finding impacts. This finding has three implications. First, increased benefits were important for explaining aggregate spending dynamics--but not employment dynamics--during the...
Persistent link: https://www.econbiz.de/10013361970
Disability, work and retirement -- New age thinking: alternative ways of measuring age, their relationship to labor … status and transitions during the pre-retirement years: learning from international differences / Arie Kapteyn, James P … -- Retirement saving -- The rise of 401(k) plans, lifetime earnings, and wealth at retirement / James M. Poterba, Steven F. Venti …
Persistent link: https://www.econbiz.de/10003840826
We examine respondents in the Health and Retirement Study (HRS) to observe how their financial situations unfolded as … retirement, and progress through their retirement years, and (b) labor force participation declined and thus earnings became less … important with age, while Social Security and retirement savings rose as a proportion of annual income …
Persistent link: https://www.econbiz.de/10012510599
Persistent link: https://www.econbiz.de/10013481015
study employment among older adults and their participation in disability and retirement insurance programs through the … retirement benefit claiming has rebounded to pre-pandemic levels, but has shifted from offline to online applications …
Persistent link: https://www.econbiz.de/10013435129
such as occupational licensing may influence how individuals transition to retirement. When and how workers transition from … career jobs to full retirement may contribute to pre- and post-retirement well-being. Previous investigations of retirement … pathways focused on the patterns and outcomes of retirement transitions, yet the influence of occupational licensing on …
Persistent link: https://www.econbiz.de/10014512146