Labor Economics Commons^™

States Lack Adequate Unemployment Insurance Reserves, Christopher J. O'Leary

Upjohn Institute Policy and Research Briefs

No abstract provided.

State Unemployment Insurance Reserves Are Not Adequate, Christopher J. O'Leary, Kenneth J. Kline

Upjohn Institute Working Papers

Regular unemployment insurance (UI) benefits are paid from reserves held in state accounts at the U.S. Treasury. The Great Recession exhausted the majority of UI reserve accounts, and not all states have rebuilt reserves. We examine the adequacy of current state and systemwide UI reserves to weather a mild, moderate, or severe recession in the coming months. Our results suggest that a recession as severe as the average of those occurring since 1975 would cause 18 states to exhaust UI reserves. Our simulations account for the fact that several states have cut benefit generosity since the Great Recession ended. Results …

Contract Work At Older Ages, Katharine G. Abraham, Brad J. Hershbein, Susan N. Houseman

Upjohn Institute Working Papers

The share of workers who are self-employed rises markedly with age. Given policy concerns about inadequate retirement savings, especially among those with lower education, and the resulting interest in encouraging employment at older ages, it is important to understand the role that self-employment arrangements play in facilitating work among seniors. New data from a survey module fielded on a Gallup telephone survey distinguish independent contractor work from other self-employment and provide information on informal and online platform work. The Gallup data show that, especially after accounting for individuals who are miscoded as employees, self-employment is even more prevalent at older …

The Political Economy Of Inequality: U.S. And Global Dimensions, Sisay Asefa Editor, Wei-Chiao Huang Editor

Upjohn Press

The contributors to this book discuss a variety of forms of social inequality which include large gaps in accumulated assets, discrepancies in access to quality education, unstable family life, lack of access to banking services, poor employment prospects, lack of health care services, and underrepresentation for political and legal matters. Together, they show how these forms of inequality are interrelated with income inequality and that, taken together, they pose the risk for societal and political unrest should they be left unresolved.

Effects Of Relative Position On Success In Dancing Competitions - Lessons For Discrimination In Recruitment Processes, Jan P. Ringling

Undergraduate Economic Review

This article argues that there exists a further reason for discrimination beside taste and statistics, based on cognitive bias in the human thought process. The order in which one appears to recruiters in the hiring process also influences the chances of being hired in a non-linear way. When the characteristics of particular groups of people correlate with their order in which they appear in the hiring process, they stand a higher or lower chance of being hired. Preliminary evidence based on the results of the United Kingdom’s largest student dancing competition supports this hypothesis, but finds only a …

Variability In U.S. Labor Markets: A Presentation To The Workers’ Compensation Research Institute, Michael Horrigan

Presentations

No abstract provided.

Investing In Community: A Playbook For Connecting Economic And Skills Development, Timothy J. Bartik, Brad J. Hershbein, Michelle Miller-Adams, Lee Adams, Amy Meyers, Bridget Timmeney

Reports

No abstract provided.

The Importance Of Cognitive Domains And The Returns To Schooling In South Africa: Evidence From Two Labor Surveys, Plamen Nikolov, Nusrat Jimi

Economics Faculty Scholarship

Numerous studies have considered the important role of cognition in estimating the returns to schooling. How cognitive abilities affect schooling may have important policy implications, especially in developing countries during periods of increasing educational attainment. Using two longitudinal labor surveys that collect direct proxy measures of cognitive skills, we study the importance of specific cognitive domains for the returns to schooling in two samples. We instrument for schooling levels and we find that each additional year of schooling leads to an increase in earnings by approximately 18-20 percent. The estimated effect sizes—based on the two-stage least squares estimates—are above the …

Pension Fund, Financial Development And Output Growth In Nigeria, Iwegbu Onyebuchi

Bullion

This study examines the indirect effect of pension fund on economic growth in Nigeria through the financial system. Using Autoregressive Distributive Lag (ARDL) model, the study found out that pension fund contribution is effective in stimulating growth through investment in portfolios that yield short term returns; this implies that pension fund contribution cannot on its own without a credible financial system impact on economic growth. The policy implication of this study is for Pension Fund Administrators (PFAs) to invest in portfolios with short-term returns; thus, a large chunk of funds invested in federal government securities should be unbundled to other …

A Computable General Equilibrium Modeling Of The Economic Effects Of Reducing Non-Tariff Measures In The Malaysian Food Sector, Siew Hoon Yew

Student Works (2020-2029)

The Malaysian food processing sector is highly regulated with non-tariff measures (NTMs), and particularly with standard NTMs applied to imports. Though these measures are used for legitimate reasons such as health and safety, some appear to have been instituted for political reasons and serve as “hidden” barriers to trade, given this sector is highly import intensive. This sector is therefore considered to be over regulated and it is argued that a reduction of restrictive NTMs and non-tariff barriers (NTBs) is needed to facilitate trade. Since NTMs, in general, are opaque and less transparent relative to tariffs, they pose a significant …

Poverty And Labor Force Participation Across Metropolitan Philadelphia, Zachary J. Porreca

Undergraduate Economic Review

This study utilizes data drawn from municipalities across the Philadelphia metropolitan area to examine trends in poverty amongst communities.While some research has been done on urban and rural poverty, this paper seeks to fill the gap in literature regarding poverty across the subksnurban and metropolitan landscape. A multiple regression model is specified, so as to provide an in depth analysis of observed trends. The central hypothesis that a relationship exists between poverty and labor force participation is tested and affirmed. The implication of this finding, as well as auxiliary findings, are explored and expanded upon. Recommendations are made for more …

Service With A Smile: How Organizational Injustice Impacts Emotional Labor, Valeriya Shapoval

Rosen Research Review

In the hospitality industry, where staff are expected to always deliver "service with a smile," organizational injustice can affect staff wellbeing and create emotional dissonance, preventing them from delivering high quality service. Dr. Valeriya Shapoval from Rosen College of Hospitality Management has documented the relationship between organizational injustice and emotional labor. Her work proposes solutions that hotel managers can implement to support their staff in achieving brand success.

Heterogeneous Impacts On Layoffs Of Changes In Brazilian Unemployment Insurance Eligibility Rules, Túlio Cravo, Christopher J. O'Leary, Ana Cristina Sierra, Leandro Justino Veloso

Upjohn Institute Working Papers

This paper is based on the first use of program administrative data from Brazil’s unemployment insurance (UI) program to assess the impact of changes in UI eligibility criteria on layoff probabilities. We exploit exogenous program changes introduced by executive and legislative changes in 2015 to estimate impacts while accounting for the number of prior UI benefit requests. We estimate that changes in UI eligibility criteria had heterogeneous impacts distinguished by the number of prior benefit requests. We show that the 2015 changes in UI eligibility rules reduced layoffs and find evidence that the changes reduced collusion between workers and employers …

Supply Shock Versus Demand Shock: The Local Effects Of New Housing In Low-Income Areas, Brian J. Asquith, Evan Mast, Davin Reed

Employment Research Newsletter

No abstract provided.

Effects Of Unemployment Insurance Reforms In Brazil, Christopher J. O'Leary, Túlio Cravo, Ana Cristina Sierra, Leandro Justino Veloso

Employment Research Newsletter

No abstract provided.

Effects Of Unemployment Insurance Reforms In Brazil, Christopher J. O'Leary, Túlio Cravo, Ana Cristina Sierra, Leandro Justino Veloso

Upjohn Institute Policy and Research Briefs

No abstract provided.

The Long-Term Effects Of Labor Market Entry In A Recession: Evidence From The Asian Financial Crisis, Eleanor Jawon Choi, Jaewoo Choi, Hyelim Son

Upjohn Institute Working Papers

This paper investigates the long-term effects of initial labor market conditions by comparing cohorts who graduated from college before, during, and after the 1997–1998 Asian financial crisis in South Korea. We measure the overall welfare effect by examining their labor market activities, family formation, and household finances. Using data from 20 waves of the Korean Labor and Income Panel Study, we find a substantial and persistent reduction in employment, earnings, marriage, fertility, and asset building among men who graduated during a recession. For women, limited job opportunities at graduation result in an increase in childbearing. Our results suggest that labor …

Worker Overconfidence: Field Evidence And Implications For Employee Turnover And Firm Profits, Mitchell Hoffman, Stephen Burks

Economics & Management Publications

Combining weekly productivity data with weekly productivity beliefs for a large sample of truckers over 2 years, we show that workers tend to systematically and persistently overpredict their productivity. If workers are overconfident about their own productivity at the current firm relative to their outside option, they should be less likely to quit. Empirically, all else equal, having higher productivity beliefs is associated with an employee being less likely to quit. To study the implications of overconfidence for worker welfare and firm profits, we estimate a structural learning model with biased beliefs that accounts for many key features of the …

Latinos In The Labor Force, Phillip Granberry

Gastón Institute Publications

In 2018 a financial news and commentary website, 24/7 Wall St., ranked Massachusetts as the state with the largest economic and social disparities between Latinos and non-Latino whites. For example, median household income was shown to be slightly above $80,000 for whites and just under $40,000 for Latinos. Even more starkly, the rates of homeownership were shown as 69.3% and 26.0%, respectively.

The present report offers an in-depth look at one aspect of the disparity, namely, the difference between the median wage income of Latinos and non-Latinos (a great majority of whom in Massachusetts are non-Latino white). In 2017 …

College Attainment, Income Inequality, And Economic Security: A Simulation Exercise, Brad J. Hershbein, Melissa S. Kearney, Luke W. Pardue

Upjohn Institute Policy and Research Briefs

No abstract provided.