| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w19048 |
| 来源ID | Working Paper 19048 |
| Do Extended Unemployment Benefits Lengthen Unemployment Spells? Evidence from Recent Cycles in the U.S. Labor Market | |
| Henry S. Farber; Robert G. Valletta | |
| 发表日期 | 2013-05-16 |
| 出版年 | 2013 |
| 语种 | 英语 |
| 摘要 | In response to the Great Recession, the availability of unemployment insurance (UI) benefits was extended to an unprecedented 99 weeks in many U.S. states in the 2009-2012 period. We use matched monthly data from the CPS to exploit variation in the timing and size of the UI benefit extensions across states to estimate the overall impact of these extensions on individual exit from unemployment, and we compare the estimated impact with that for the prior extension of benefits during the much milder downturn in the early 2000s. In both periods, we find a small but statistically significant reduction in the unemployment exit rate and a small increase in the expected duration of unemployment. The effects on exits and duration are primarily due to a reduction in exits from the labor force rather than to a decrease in exits to employment (the job finding rate). Although the overall effect of UI extensions on exit from unemployment is small, it implies a substantial effect of extended benefits on the steady-state share of unemployment in the cross-section that is long-term. |
| 主题 | Labor Economics ; Unemployment and Immigration |
| URL | https://www.nber.org/papers/w19048 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/576723 |
| 推荐引用方式 GB/T 7714 | Henry S. Farber,Robert G. Valletta. Do Extended Unemployment Benefits Lengthen Unemployment Spells? Evidence from Recent Cycles in the U.S. Labor Market. 2013. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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