EconPapers    
Economics at your fingertips  
 

Quasi-Experimental Evidence on the Effects of Unemployment Insurance from New York State

Bruce Meyer and Wallace K C Mok ()

No 12865, NBER Working Papers from National Bureau of Economic Research, Inc

Abstract: This paper examines unemployment duration and the incidence of claims following a 36 percent increase in the maximum weekly benefit in New York State. This benefit increase sharply increased benefits for a large group of claimants, while leaving them unchanged for a large share of claimants who provide a natural comparison group. The New York benefit increase has the special features that it was unexpected and applied to in-progress spells. These features allow the effects on duration to be convincingly separated from effects on incidence. The results show a sharp fall in the hazard of leaving UI that coincides with the increase in benefits. The evidence is also consistent with a substantial effect of the benefit level on the incidence of claims and with this change in incidence biasing duration estimates. The evidence further suggests that, at least in this case, standard methods that identify duration effects through nonlinearities in the benefit schedule are not badly biased.

JEL-codes: J64 J65 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-ias
Date: 2007-01
Note: LS PE
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (17) Track citations by RSS feed

Downloads: (external link)
http://www.nber.org/papers/w12865.pdf (application/pdf)

Related works:
Working Paper: Quasi-Experimental Evidence on the Effects of Unemployment Insurance from New York State (2007) Downloads
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:nbr:nberwo:12865

Ordering information: This working paper can be ordered from
http://www.nber.org/papers/w12865

Access Statistics for this paper

More papers in NBER Working Papers from National Bureau of Economic Research, Inc National Bureau of Economic Research, 1050 Massachusetts Avenue Cambridge, MA 02138, U.S.A.. Contact information at EDIRC.
Bibliographic data for series maintained by ().

 
Page updated 2019-07-22
Handle: RePEc:nbr:nberwo:12865