Supply and Demand Effects of Unemployment Insurance Benefit Extensions: Evidence from U.S. Counties

Supply and Demand Effects of Unemployment Insurance Benefit Extensions: Evidence from U.S. Counties

Author: Klaus-Peter Hellwig

Publisher: International Monetary Fund

Published: 2021-03-12

Total Pages: 35

ISBN-13: 1513572687

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I use three decades of county-level data to estimate the effects of federal unemployment benefit extensions on economic activity. To overcome the reverse causality coming from the fact that benefit extensions are a function of state unemployment rates, I only use the within-state variation in outcomes to identify treatment effects. Identification rests on a differences-in-differences approach which exploits heterogeneity in county exposure to policy changes. To distinguish demand and supply-side channels, I estimate the model separately for tradable and non-tradable sectors. Finally I use benefit extensions as an instrument to estimate local fiscal multipliers of unemployment benefit transfers. I find (i) that the overall impact of benefit extensions on activity is positive, pointing to strong demand effects; (ii) that, even in tradable sectors, there are no negative supply-side effects from work disincentives; and (iii) a fiscal multiplier estimate of 1.92, similar to estimates in the literature for other types of spending.


Long-term Unemployed

Long-term Unemployed

Author: United States. Congress. House. Committee on Ways and Means. Subcommittee on Human Resources

Publisher:

Published: 1991

Total Pages: 76

ISBN-13:

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Regulating the Lives of Women

Regulating the Lives of Women

Author: Mimi Abramovitz

Publisher: Routledge

Published: 2017-08-23

Total Pages: 384

ISBN-13: 1351855271

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Widely praised as an outstanding contribution to social welfare and feminist scholarship, Regulating the Lives of Women (1988, 1996) was one of the first books to apply a race and gender lens to the U.S. welfare state. The first two editions successfully exposed how myths and stereotypes built into welfare state rules and regulations define women as "deserving" or "undeserving" of aid depending on their race, class, gender, and marital status. Based on considerable new research, the preface to this third edition explains the rise of Neoliberal policies in the mid-1970s, the strategies deployed since then to dismantle the welfare state, and the impact of this sea change on women and the welfare state after 1996. Published upon the twentieth anniversary of "welfare reform," Regulating the Lives of Women offers a timely reminder that public policy continues to punish poor women, especially single mothers-of-color for departing from prescribed wife and mother roles. The book will appeal to undergraduate, graduate, and postgraduate students of social work, sociology, history, public policy, political science, and women, gender, and black studies – as well as today’s researchers and activists.