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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w27574 |
来源ID | Working Paper 27574 |
Do Unemployment Insurance Benefits Improve Match and Employer Quality? Evidence from Recent U.S. Recessions | |
Ammar Farooq; Adriana D. Kugler; Umberto Muratori | |
发表日期 | 2020-08-03 |
出版年 | 2020 |
语种 | 英语 |
摘要 | Unemployment Insurance (UI) benefits have a moral hazard effect and a liquidity effect, with both generating increases in unemployment spells but the latter increasing wages due to the ability to find better matches or better jobs. Previous papers, however, find mixed evidence on the impact of UI on wages. In this paper, we re-examine the effect of UI on wages in the U.S. and present novel evidence using LEHD data to examine the channels through which UI increases earnings, including: (1) the quality of the match, (2) positive sorting of employers and employees, and (3) the quality of the employer. We find that the increased UI generosity in the U.S. increased wages by both increasing the quality of the match as well as the quality of the job obtained after the unemployment spell, though there is less evidence of improved sorting. Consistent with improvements in match and employer quality, we also find that the likelihood of remaining on the job increases with UI generosity. Consistent with a liquidity effect on search, we also find that the effects on the quality of the match are larger for those who are more likely to be liquidity constrained, including women, minorities, and the less-educated. |
主题 | Econometrics ; Estimation Methods ; Macroeconomics ; Consumption and Investment ; Public Economics ; Taxation ; Labor Economics ; Labor Supply and Demand ; Labor Compensation ; Unemployment and Immigration |
URL | https://www.nber.org/papers/w27574 |
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/585270 |
推荐引用方式 GB/T 7714 | Ammar Farooq,Adriana D. Kugler,Umberto Muratori. Do Unemployment Insurance Benefits Improve Match and Employer Quality? Evidence from Recent U.S. Recessions. 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 | ||
w27574.pdf(889KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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