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- LABOR MARKET ISSUES (6)
- UNEMPLOYMENT, DISABILITY, and INCOME SUPPORT PROGRAMS (6)
- Employment insurance (3)
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- Labor supply (3)
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- Job security and unemployment dynamics (2)
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Articles 1 - 9 of 9
Full-Text Articles in Economics
The Job Search Intensity Supply Curve: How Labor Market Conditions Affect Job Search Effort, Jeremy Schwartz
The Job Search Intensity Supply Curve: How Labor Market Conditions Affect Job Search Effort, Jeremy Schwartz
Upjohn Institute Working Papers
During the Great Recession of 2007, unemployment reached nearly 10 percent and the ratio of unemployment to open positions (as measured by the Help Wanted OnLine Index) more than tripled. The weak labor market prompted an unprecedented extension in the length of time in which a claimant can collect unemployment insurance (UI) to 99 weeks, at an expense to date of $226.4 billion. While many claim that extending UI during a recession will reduce search intensity, the effect of weak labor market conditions on search remains a mystery. As a result, policymakers are in the dark as to whether UI …
Mandate-Based Health Reform And The Labor Market: Evidence From The Massachusetts Reform, Jonathan T. Kolstad, Amanda E. Kowalski
Mandate-Based Health Reform And The Labor Market: Evidence From The Massachusetts Reform, Jonathan T. Kolstad, Amanda E. Kowalski
Upjohn Institute Working Papers
We model the labor market impact of the key provisions of the national and Massachusetts "mandate-based" health reforms: individual mandates, employer mandates, and subsidies. We characterize the compensating differential for employer-sponsored health insurance (ESHI) and the welfare impact of reform in terms of "sufficient statistics." We compare welfare under mandate-based reform to welfare in a counterfactual world where individuals do not value ESHI. Relying on the Massachusetts reform, we find that jobs with ESHI pay $2,812 less annually, somewhat less than the cost of ESHI to employers. Accordingly, the deadweight loss of mandate-based health reform was approximately 8 percent of …
Aggregate Demand, Idle Time, And Unemployment, Pascal Michaillat, Emmanuel Saez
Aggregate Demand, Idle Time, And Unemployment, Pascal Michaillat, Emmanuel Saez
Upjohn Institute Working Papers
This paper develops a model of unemployment fluctuations. The model keeps the architecture of the Barro and Grossman (1971) general disequilibrium model but replaces the disequilibrium framework on the labor and product markets by a matching framework. On the product and labor markets, both price and tightness adjust to equalize supply and demand. There is one more variable than equilibrium condition on each market, so we consider various price mechanisms to close the model, from completely flexible to completely rigid. With some price rigidity, aggregate demand influences unemployment through a simple mechanism: higher aggregate demand raises the probability that firms …
Medicaid And The Labor Supply Of Single Mothers: Implications For Health Care Reform, Vincent Pohl
Medicaid And The Labor Supply Of Single Mothers: Implications For Health Care Reform, Vincent Pohl
Upjohn Institute Working Papers
The Patient Protection and Affordable Care Act expands Medicaid and introduces health insurance subsidies, thereby changing work incentives for single mothers. To undertake an ex ante policy evaluation of the employment effects of the PPACA, I structurally estimate a model of labor supply and health insurance choice exploiting existing variation in Medicaid policies. Simulations show that single mothers increase their labor supply at the extensive and the intensive margin by six and five percent, respectively. The PPACA leads to crowding-out of employer-sponsored health insurance of about 40 percent and increases single mothers' welfare by about $190 per month.
The Ups And Downs In Women's Employment — Shifting Composition Or Behavior From 1970 To 2010?, Kristin E. Smith
The Ups And Downs In Women's Employment — Shifting Composition Or Behavior From 1970 To 2010?, Kristin E. Smith
Upjohn Institute Working Papers
This paper tracks factors contributing to the ups and downs in women’s employment from 1970 to 2010 using regression decompositions focusing on whether changes are due to shifts in the means (composition of women) or due to shifts in coefficients (inclinations of women to work for pay). Compositional shifts in education exerted a positive effect on women’s employment across all decades, while shifts in the composition of other family income, particularly at the highest deciles, depressed married women’s employment over the 1990s contributing to the slowdown in this decade. A positive coefficient effect of education was found in all decades, …
The Effect Of Public Insurance Coverage For Childless Adults On Labor Supply, Laura Dague, Thomas C. Deleire, Lindsey Leininger
The Effect Of Public Insurance Coverage For Childless Adults On Labor Supply, Laura Dague, Thomas C. Deleire, Lindsey Leininger
Upjohn Institute Working Papers
This study provides plausibly causal estimates of the effect of public insurance coverage on the employment of nonelderly, nondisabled adults without dependent children (“childless adults”). We use regression discontinuity and propensity score matching difference-in-differences methods to take advantage of the sudden imposition of an enrollment cap, comparing the labor supply of enrollees to eligible applicants on a waitlist. We find that enrollment into public insurance leads to sizable and statistically meaningful reductions in employment up to at least nine quarters later, with an estimated size of 2–10 percentage points, depending on the model used.
Use Of Supplemental Nutritional Assistance Program Benefits By Unemployment Insurance Applicants In Michigan During The Great Recession, Christopher J. O'Leary, Kenneth J. Kline
Use Of Supplemental Nutritional Assistance Program Benefits By Unemployment Insurance Applicants In Michigan During The Great Recession, Christopher J. O'Leary, Kenneth J. Kline
Upjohn Institute Working Papers
During the Great Recession, both the Supplementary Nutrition Assistance Program (SNAP) and the federal-state unemployment insurance (UI) program experienced dramatic increases in participation. Using Michigan program administrative data on all SNAP (2006–2011) recipients and all UI (2001–2010) applicants, we examine SNAP use before and after UI application. Both past and future receipts of SNAP are highly negatively correlated with meeting UI income and job separation eligibility requirements. Unemployment insurance applicants with insufficient wage credits or job separations because of quitting or employer discharge are much more likely to have received SNAP in the past. Furthermore, such UI applicants are also …
Financing Unemployment Insurance, Wayne Vroman, Stephen A. Woodbury
Financing Unemployment Insurance, Wayne Vroman, Stephen A. Woodbury
Upjohn Institute Working Papers
Following the Great Recession, most states’ unemployment insurance (UI) trust funds became insolvent, requiring the states to borrow from the U.S. Treasury to finance benefit payments. This article describes the basics of UI financing and reviews the origins of the financial crisis facing the federal-state UI system. It then examines the main components of the UI payroll tax—the taxable wage base and the experience-rated payroll tax—and considers how these might be modified to avoid future widespread insolvency. We conclude with some speculative remarks on the future of UI financing.
How Effects Of Local Labor Demand Shocks Vary With Local Labor Market Conditions, Timothy J. Bartik
How Effects Of Local Labor Demand Shocks Vary With Local Labor Market Conditions, Timothy J. Bartik
Upjohn Institute Working Papers
This paper estimates how effects of shocks to local labor demand on local labor market outcomes vary with initial local economic conditions. The data are on U.S. metro areas from 1979 to 2011. The paper finds that demand shocks to local job growth have greater effects in reducing local unemployment rates if the local economy is initially depressed than if the local economy is booming. Demand shocks have greater effects on local wage rates if the local unemployment rate is initially low, but lesser effects if local job growth is initially high. These different effects of local demand shocks imply …