Unemployment Insurance Reform
Unemployment Insurance Reform

Author: David E. Balducchi

Publisher: W.E. Upjohn Institute

Published: 2018-09-11

Total Pages: 247

ISBN-13: 0880996528

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The Unemployment Insurance (UI) system is a lasting piece of the Social Security Act which was enacted in 1935. But like most things that are over 80 years old, it occasionally needs maintenance to keep it operating smoothly while keeping up with the changing demands placed upon it. However, the UI system has been ignored by policymakers for decades and, say the authors, it is broken, out of date, and badly in need of repair. Stephen A. Wandner pulls together a group of UI researchers, each with decades of experience, who describe the weaknesses in the current system and propose policy reforms that they say would modernize the system and prepare us for the next recession.

Unemployment Insurance in the United States
Unemployment Insurance in the United States

Author: Christopher J. O'Leary

Publisher: W. E. Upjohn Institute

Published: 1997

Total Pages: 792

ISBN-13:

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Discusses the unemployment insurance system in which programmes are operated by each state within the minimum standards established by the federal government.

Unemployment Insurance
Unemployment Insurance

Author: Arlette Bolk

Publisher: Nova Snova

Published: 2019-02-12

Total Pages: 152

ISBN-13: 9781536149371

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Unemployment insurance (UI) is a federal-state system and mandatory AJC partner. UI benefits are available to workers who have involuntarily lost their jobs and have demonstrated a required level of labor force attachment. UI provides weekly cash payments to replace a portion of eligible workers earnings, up to a statewide maximum. Eligibility and benefit levels vary by state, though most states offer up to 26 weeks of state-financed UI benefits through each states Unemployment Compensation (UC) program. Certain economic conditions may extend the duration of UI benefits through the permanent Extended Benefit (EB) program.

Optimal Unemployment Insurance
Optimal Unemployment Insurance

Author: Andreas Pollak

Publisher: Mohr Siebeck

Published: 2007

Total Pages: 204

ISBN-13: 9783161493041

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Designing a good unemployment insurance scheme is a delicate matter. In a system with no or little insurance, households may be subject to a high income risk, whereas excessively generous unemployment insurance systems are known to lead to high unemployment rates and are costly both from a fiscal perspective and for society as a whole. Andreas Pollak investigates what an optimal unemployment insurance system would look like, i.e. a system that constitutes the best possible compromise between income security and incentives to work. Using theoretical economic models and complex numerical simulations, he studies the effects of benefit levels and payment durations on unemployment and welfare. As the models allow for considerable heterogeneity of households, including a history-dependent labor productivity, it is possible to analyze how certain policies affect individuals in a specific age, wealth or skill group. The most important aspect of an unemployment insurance system turns out to be the benefits paid to the long-term unemployed. If this parameter is chosen too high, a large number of households may get caught in a long spell of unemployment with little chance of finding work again. Based on the predictions in these models, the so-called "Hartz IV" labor market reform recently adopted in Germany should have highly favorable effects on the unemployment rates and welfare in the long run.

Insurance for Unemployment (Routledge Revivals)
Insurance for Unemployment (Routledge Revivals)

Author: Michael Beenstock

Publisher: Taylor & Francis

Published: 2013-02-01

Total Pages: 115

ISBN-13: 1136625755

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First published in 1986, Insurance for Unemployment proposes a radical approach to the reform of unemployment and social insurance. The book develops the ethical, economic and actuarial case for the proposed reforms, whereby the individual pays the contributions which reflect the unemployment risk that he wishes to insure. Such ideas provide a libertarian alternative to the social security systems that have been adopted by most countries in the world based on Beveridge’s conception of social insurance, and the book provides an original basis for privatising unemployment insurance. Conventional acceptance of the welfare state is challenged, while the book stands as a landmark in relating market principles to issues of social policy.

Designing Labor Market Institutions in Emerging and Developing Economies
Designing Labor Market Institutions in Emerging and Developing Economies

Author: Mr.Romain A Duval

Publisher: International Monetary Fund

Published: 2019-05-21

Total Pages: 58

ISBN-13: 1498313264

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This paper discusses theoretical aspects and evidences related to designing labor market institutions in emerging market and developing economies. This note reviews the state of theory and evidence on the design of labor market institutions in a developing economy context and then reviews its consistency with actual labor market advice in a selected set of emerging and developing economies. The focus is mainly on three broad sets of institutions that matter for both workers’ protection and labor market efficiency: employment protection, unemployment insurance and social assistance, minimum wages and collective bargaining. Text mining techniques are used to identify IMF recommendations in these areas in Article IV Reports for 30 emerging and frontier economies over 2005–2016. This note has provided a critical review of the literature on the design of labor market institutions in emerging and developing market economies, and benchmarked the advice featured in IMF recommendations for 30 emerging market and frontier economies against the tentative conclusions from the literature.

Modelling Unemployment Insurance
Modelling Unemployment Insurance

Author: Paola Potestio

Publisher: Springer Nature

Published: 2022-01-28

Total Pages: 182

ISBN-13: 3030913198

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This book examines unemployment insurance policy through a survey, taking stock of the theoretical work in the field of labor economics. It closely follows and assesses developments in the modelling of optimal unemployment insurance (UI) policies, beginning with the initial analytical findings produced in the second half of the 1970s. A main part of the survey is devoted to the two basic strands of analysis about, respectively, the optimal level of UI benefits and the optimal time profile of UI policy. The book has two different objectives. The first is to provide an essential summary of the individual models, with the intention of underscoring how a number of specific messages for the policy-maker can be derived from analytical constructions. It further emphasizes and comments on what the models deliver to UI policy-makers. The second objective is to stress the importance and extension of open questions in the field of the theoretical approach to the unemployment insurance issue. The survey discusses the multiplicity of heterogeneities of the labor world in particular as relevant for UI issues on the one side, and on the other hand, the independence of the two basic choices of UI policy, its meaning and its limits, and the possible forms of complementarity between these choices. The book is a must-read for researchers, students, and policy-makers interested in a better understanding of the field of labor economics in general, as well as unemployment insurance policies in particular.