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...
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| Veröffentlicht in: | The American economic review 2015-05, Vol.105 (5), p.126-130 |
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| container_end_page | 130 |
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| container_issue | 5 |
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| container_title | The American economic review |
| container_volume | 105 |
| creator | Card, David Johnston, Andrew Leung, Pauline Mas, Alexandre Pei, Zhuan |
| description | 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. |
| doi_str_mv | 10.1257/aer.p20151061 |
| format | Article |
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| ispartof | The American economic review, 2015-05, Vol.105 (5), p.126-130 |
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| source | Jstor Complete Legacy; Business Source Complete; American Economic Association Web |
| subjects | 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 |
| title | The Effect of Unemployment Benefits on the Duration of Unemployment Insurance Receipt: New Evidence from a Regression Kink Design in Missouri, 2003-2013 |
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