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Adequacy of the Weekly Benefit Amount

Christopher O'Leary and Murray Rubin

Chapter 5 in Unemployment Insurance in the United States: Analysis of Polciy Issues, 1997, pp 163-210 from W.E. Upjohn Institute for Employment Research

Abstract: The unemployment insurance (UI) system was established to alleviate the distress and hardship caused by involuntary unemployment. Through weekly benefit payments to eligible claimants, the system helps maintain living standards during active job search. The adequacy of the weekly benefit amount in performing the income maintenance function can be gauged by the percentage of lost income that benefits replace. More directly, adequacy depends on how the weekly benefit contributes to maintaining usual levels of household expenditure.

Keywords: UNEMPLOYMENT; DISABILITY; POVERTY; Unemployment insurance; Benefits; duration (search for similar items in EconPapers)
JEL-codes: J64 J65 J68 (search for similar items in EconPapers)
Date: 1997
ISBN: 978-0-88099-173-5
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