| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w27216 |
| 来源ID | Working Paper 27216 |
| US Unemployment Insurance Replacement Rates During the Pandemic | |
| Peter Ganong; Pascal J. Noel; Joseph S. Vavra | |
| 发表日期 | 2020-05-25 |
| 出版年 | 2020 |
| 语种 | 英语 |
| 摘要 | We use micro data on earnings together with the details of each state’s unemployment insurance (UI) system to compute the distribution of UI benefits after the uniform $600 Federal Pandemic Unemployment Compensation (FPUC) supplement implemented by the CARES Act. We find that between April and July 2020, 76% of workers eligible for regular Unemployment Compensation have statutory replacement rates above 100%, meaning that they are eligible for benefits which exceed lost wages. The median statutory replacement rate is 145%. We also compute comprehensive replacement rates, which account for employer provided non-wage compensation and differential tax treatment of labor income and UI. 69% of UI-eligible unemployed have comprehensive replacement rates above 100% and the median comprehensive replacement rate is 134%. The presence of the FPUC has important implications for the incidence of the recession and reverses income patterns which would have otherwise arisen across income levels, occupations, and industries. |
| 主题 | Macroeconomics ; Consumption and Investment ; Labor Economics ; Unemployment and Immigration ; COVID-19 |
| URL | https://www.nber.org/papers/w27216 |
| 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/584888 |
| 推荐引用方式 GB/T 7714 | Peter Ganong,Pascal J. Noel,Joseph S. Vavra. US Unemployment Insurance Replacement Rates During the Pandemic. 2020. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w27216.pdf（797KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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