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Title: Unemployment Insurance, Duration of Unemployment, and Subsequent Wage Gain
Resulting in 1 citation.
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Ehrenberg, Ronald G. Oaxaca, Ronald L. |
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Unemployment Insurance, Duration of Unemployment, and Subsequent Wage Gain American Economic Review 66,5 (December 1976): 754-766. Also: http://www.jstor.org/stable/1827489 Cohort(s): Mature Women, Older Men, Young Men, Young Women Publisher: American Economic Association Keyword(s): Job Search; Unemployment; Unemployment Insurance; Wage Growth Permission to reprint the abstract has not been received from the publisher. The estimated impact of unemployment insurance benefit changes on unemployed individual's duration of unemployment, postunemployment wages, and durations of spell out of the labor force is calculated. Three estimates are presented for each group: (1) the impact of the current benefit level relative to the absence of benefits; (2) the impact of increasing the replacement fraction from 0.4 to 0.5; and (3) the impact of increasing the replacement fraction from 0.0 to 1.0. The results seem to indicate that an increase in UI benefits would induce additional productive job search for older males and females, with the magnitudes of the impact on both postunemployment wages and duration of unemployment being larger for the males. In contrast, an increase in UI benefits appears to increase the duration of unemployment for the younger males and females but has no impact on their postunemployment wages. |
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Bibliography Citation
Ehrenberg, Ronald G. and Ronald L. Oaxaca. "Unemployment Insurance, Duration of Unemployment, and Subsequent Wage Gain." American Economic Review 66,5 (December 1976): 754-766.
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