The Effect of Unemployment Benefits on the Duration of Unemployment Insurance Receipt: New Evidence from a Regression Kink Design in Missouri, 2003-2013

The Effect of Unemployment Benefits on the Duration of Unemployment Insurance Receipt: New Evidence from a Regression Kink Design in Missouri, 2003-2013

We provide new evidence on the effect of the unemployment insurance (UI) weekly benefit amount on unemployment insurance spells based on administrative data from the state of Missouri covering the period 2003-2013. Identification comes from a regression kink design that exploits the quasi-experiment...

Ausführliche Beschreibung

Gespeichert in:
Bibliographische Detailangaben
Veröffentlicht in:The American economic review 2015-05, Vol.105 (5), p.126-130
Hauptverfasser: Card, David, Johnston, Andrew, Leung, Pauline, Mas, Alexandre, Pei, Zhuan
Format: Artikel
Sprache:eng
Schlagworte:
Academic libraries
Bandwidths
Censorship
Datasets
Economic analysis
Economic conditions
Economic models
Economic recessions
Economic theory
Elasticity of demand
Estimates
Great Recession
Insurance
Manufacturing
Missouri
Public assistance programs
Recession
SOCIAL INSURANCE PROGRAMS AND THE LABOR MARKET
Standard error
Studies
U.S.A
Unemployment
Unemployment benefits
Unemployment insurance
Unemployment rates
Working papers
Online-Zugang:Volltext
Tags: Tag hinzufügen
Keine Tags, Fügen Sie den ersten Tag hinzu!
Beschreibung
Zusammenfassung:We provide new evidence on the effect of the unemployment insurance (UI) weekly benefit amount on unemployment insurance spells based on administrative data from the state of Missouri covering the period 2003-2013. Identification comes from a regression kink design that exploits the quasi-experimental variation around the kink in the UI benefit schedule. We find that UI durations are more responsive to benefit levels during the recession and its aftermath, with an elasticity between 0.65 and 0.9 as compared to about 0.35 pre-recession.
ISSN:0002-8282
1944-7981
DOI:10.1257/aer.p20151061