The effects of unemployment insurance taxes and benefits on layoffs using firm and individual data:
We examine the effects of unemployment insurance (UI) experience rating on layoffs using high quality firm and individual data. Our preferred estimates imply that incomplete experience rating is responsible for over twenty percent of temporary layoffs. The results are more mixed regarding the predic...
Gespeichert in:
| Hauptverfasser: | , |
|---|---|
| Format: | Buch |
| Sprache: | English |
| Veröffentlicht: |
Cambridge, Mass.
1994
|
| Schriftenreihe: | Working paper series / National Bureau of Economic Research
4960 |
| Schlagworte: | |
| Zusammenfassung: | We examine the effects of unemployment insurance (UI) experience rating on layoffs using high quality firm and individual data. Our preferred estimates imply that incomplete experience rating is responsible for over twenty percent of temporary layoffs. The results are more mixed regarding the predictions of the alternative models of UI as a firm adjustment cost or a component of the worker compensation package. While the evidence favors the adjustment cost model, some of the predictions of each of these models are rejected by at least one of our specifications. Using our new data, we also confirm the correlation between experience rating proxies and layoffs found in past studies. However, the differences between these proxies and state average firm tax costs and the anomalous instrumental variables estimates that we find suggest that it may be inappropriate to causally interpret this correlation. |
| Beschreibung: | 37 S. graph. Darst. |
Internformat
MARC
| LEADER | 00000nam a2200000 cb4500 | ||
|---|---|---|---|
| 001 | BV010136553 | ||
| 003 | DE-604 | ||
| 005 | 20170921 | ||
| 007 | t | ||
| 008 | 950413s1994 xxud||| |||| 00||| eng d | ||
| 035 | |a (OCoLC)60563823 | ||
| 035 | |a (DE-599)BVBBV010136553 | ||
| 040 | |a DE-604 |b ger |e rakddb | ||
| 041 | 0 | |a eng | |
| 044 | |a xxu |c XD-US | ||
| 049 | |a DE-19 |a DE-521 | ||
| 050 | 0 | |a H96 | |
| 100 | 1 | |a Anderson, Patricia M. |d 1963- |e Verfasser |0 (DE-588)124280595 |4 aut | |
| 245 | 1 | 0 | |a The effects of unemployment insurance taxes and benefits on layoffs using firm and individual data |c Patricia M. Anderson ; Bruce D. Meyer |
| 264 | 1 | |a Cambridge, Mass. |c 1994 | |
| 300 | |a 37 S. |b graph. Darst. | ||
| 336 | |b txt |2 rdacontent | ||
| 337 | |b n |2 rdamedia | ||
| 338 | |b nc |2 rdacarrier | ||
| 490 | 1 | |a Working paper series / National Bureau of Economic Research |v 4960 | |
| 520 | |a We examine the effects of unemployment insurance (UI) experience rating on layoffs using high quality firm and individual data. Our preferred estimates imply that incomplete experience rating is responsible for over twenty percent of temporary layoffs. The results are more mixed regarding the predictions of the alternative models of UI as a firm adjustment cost or a component of the worker compensation package. While the evidence favors the adjustment cost model, some of the predictions of each of these models are rejected by at least one of our specifications. Using our new data, we also confirm the correlation between experience rating proxies and layoffs found in past studies. However, the differences between these proxies and state average firm tax costs and the anomalous instrumental variables estimates that we find suggest that it may be inappropriate to causally interpret this correlation. | ||
| 650 | 4 | |a Ökonometrisches Modell | |
| 650 | 4 | |a Layoff systems |z United States | |
| 650 | 4 | |a Unemployment insurance |x Experience rating |x Econometric models | |
| 650 | 4 | |a Unemployment insurance |z United States |x Econometric models | |
| 651 | 4 | |a USA | |
| 700 | 1 | |a Meyer, Bruce D. |d 1959- |e Verfasser |0 (DE-588)128635851 |4 aut | |
| 810 | 2 | |a National Bureau of Economic Research |t Working paper series |v 4960 |w (DE-604)BV002801238 |9 4960 | |
| 999 | |a oai:aleph.bib-bvb.de:BVB01-006733263 | ||
Datensatz im Suchindex
| _version_ | 1804124532783448064 |
|---|---|
| any_adam_object | |
| author | Anderson, Patricia M. 1963- Meyer, Bruce D. 1959- |
| author_GND | (DE-588)124280595 (DE-588)128635851 |
| author_facet | Anderson, Patricia M. 1963- Meyer, Bruce D. 1959- |
| author_role | aut aut |
| author_sort | Anderson, Patricia M. 1963- |
| author_variant | p m a pm pma b d m bd bdm |
| building | Verbundindex |
| bvnumber | BV010136553 |
| callnumber-first | H - Social Science |
| callnumber-label | H96 |
| callnumber-raw | H96 |
| callnumber-search | H96 |
| callnumber-sort | H 296 |
| callnumber-subject | H - Social Science |
| ctrlnum | (OCoLC)60563823 (DE-599)BVBBV010136553 |
| format | Book |
| fullrecord | <?xml version="1.0" encoding="UTF-8"?><collection xmlns="http://www.loc.gov/MARC21/slim"><record><leader>02275nam a2200373 cb4500</leader><controlfield tag="001">BV010136553</controlfield><controlfield tag="003">DE-604</controlfield><controlfield tag="005">20170921 </controlfield><controlfield tag="007">t</controlfield><controlfield tag="008">950413s1994 xxud||| |||| 00||| eng d</controlfield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(OCoLC)60563823</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(DE-599)BVBBV010136553</subfield></datafield><datafield tag="040" ind1=" " ind2=" "><subfield code="a">DE-604</subfield><subfield code="b">ger</subfield><subfield code="e">rakddb</subfield></datafield><datafield tag="041" ind1="0" ind2=" "><subfield code="a">eng</subfield></datafield><datafield tag="044" ind1=" " ind2=" "><subfield code="a">xxu</subfield><subfield code="c">XD-US</subfield></datafield><datafield tag="049" ind1=" " ind2=" "><subfield code="a">DE-19</subfield><subfield code="a">DE-521</subfield></datafield><datafield tag="050" ind1=" " ind2="0"><subfield code="a">H96</subfield></datafield><datafield tag="100" ind1="1" ind2=" "><subfield code="a">Anderson, Patricia M.</subfield><subfield code="d">1963-</subfield><subfield code="e">Verfasser</subfield><subfield code="0">(DE-588)124280595</subfield><subfield code="4">aut</subfield></datafield><datafield tag="245" ind1="1" ind2="0"><subfield code="a">The effects of unemployment insurance taxes and benefits on layoffs using firm and individual data</subfield><subfield code="c">Patricia M. Anderson ; Bruce D. Meyer</subfield></datafield><datafield tag="264" ind1=" " ind2="1"><subfield code="a">Cambridge, Mass.</subfield><subfield code="c">1994</subfield></datafield><datafield tag="300" ind1=" " ind2=" "><subfield code="a">37 S.</subfield><subfield code="b">graph. Darst.</subfield></datafield><datafield tag="336" ind1=" " ind2=" "><subfield code="b">txt</subfield><subfield code="2">rdacontent</subfield></datafield><datafield tag="337" ind1=" " ind2=" "><subfield code="b">n</subfield><subfield code="2">rdamedia</subfield></datafield><datafield tag="338" ind1=" " ind2=" "><subfield code="b">nc</subfield><subfield code="2">rdacarrier</subfield></datafield><datafield tag="490" ind1="1" ind2=" "><subfield code="a">Working paper series / National Bureau of Economic Research</subfield><subfield code="v">4960</subfield></datafield><datafield tag="520" ind1=" " ind2=" "><subfield code="a">We examine the effects of unemployment insurance (UI) experience rating on layoffs using high quality firm and individual data. Our preferred estimates imply that incomplete experience rating is responsible for over twenty percent of temporary layoffs. The results are more mixed regarding the predictions of the alternative models of UI as a firm adjustment cost or a component of the worker compensation package. While the evidence favors the adjustment cost model, some of the predictions of each of these models are rejected by at least one of our specifications. Using our new data, we also confirm the correlation between experience rating proxies and layoffs found in past studies. However, the differences between these proxies and state average firm tax costs and the anomalous instrumental variables estimates that we find suggest that it may be inappropriate to causally interpret this correlation.</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Ökonometrisches Modell</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Layoff systems</subfield><subfield code="z">United States</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Unemployment insurance</subfield><subfield code="x">Experience rating</subfield><subfield code="x">Econometric models</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Unemployment insurance</subfield><subfield code="z">United States</subfield><subfield code="x">Econometric models</subfield></datafield><datafield tag="651" ind1=" " ind2="4"><subfield code="a">USA</subfield></datafield><datafield tag="700" ind1="1" ind2=" "><subfield code="a">Meyer, Bruce D.</subfield><subfield code="d">1959-</subfield><subfield code="e">Verfasser</subfield><subfield code="0">(DE-588)128635851</subfield><subfield code="4">aut</subfield></datafield><datafield tag="810" ind1="2" ind2=" "><subfield code="a">National Bureau of Economic Research</subfield><subfield code="t">Working paper series</subfield><subfield code="v">4960</subfield><subfield code="w">(DE-604)BV002801238</subfield><subfield code="9">4960</subfield></datafield><datafield tag="999" ind1=" " ind2=" "><subfield code="a">oai:aleph.bib-bvb.de:BVB01-006733263</subfield></datafield></record></collection> |
| geographic | USA |
| geographic_facet | USA |
| id | DE-604.BV010136553 |
| illustrated | Illustrated |
| indexdate | 2024-07-09T17:47:10Z |
| institution | BVB |
| language | English |
| oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-006733263 |
| oclc_num | 60563823 |
| open_access_boolean | |
| owner | DE-19 DE-BY-UBM DE-521 |
| owner_facet | DE-19 DE-BY-UBM DE-521 |
| physical | 37 S. graph. Darst. |
| publishDate | 1994 |
| publishDateSearch | 1994 |
| publishDateSort | 1994 |
| record_format | marc |
| series2 | Working paper series / National Bureau of Economic Research |
| spelling | Anderson, Patricia M. 1963- Verfasser (DE-588)124280595 aut The effects of unemployment insurance taxes and benefits on layoffs using firm and individual data Patricia M. Anderson ; Bruce D. Meyer Cambridge, Mass. 1994 37 S. graph. Darst. txt rdacontent n rdamedia nc rdacarrier Working paper series / National Bureau of Economic Research 4960 We examine the effects of unemployment insurance (UI) experience rating on layoffs using high quality firm and individual data. Our preferred estimates imply that incomplete experience rating is responsible for over twenty percent of temporary layoffs. The results are more mixed regarding the predictions of the alternative models of UI as a firm adjustment cost or a component of the worker compensation package. While the evidence favors the adjustment cost model, some of the predictions of each of these models are rejected by at least one of our specifications. Using our new data, we also confirm the correlation between experience rating proxies and layoffs found in past studies. However, the differences between these proxies and state average firm tax costs and the anomalous instrumental variables estimates that we find suggest that it may be inappropriate to causally interpret this correlation. Ökonometrisches Modell Layoff systems United States Unemployment insurance Experience rating Econometric models Unemployment insurance United States Econometric models USA Meyer, Bruce D. 1959- Verfasser (DE-588)128635851 aut National Bureau of Economic Research Working paper series 4960 (DE-604)BV002801238 4960 |
| spellingShingle | Anderson, Patricia M. 1963- Meyer, Bruce D. 1959- The effects of unemployment insurance taxes and benefits on layoffs using firm and individual data Ökonometrisches Modell Layoff systems United States Unemployment insurance Experience rating Econometric models Unemployment insurance United States Econometric models |
| title | The effects of unemployment insurance taxes and benefits on layoffs using firm and individual data |
| title_auth | The effects of unemployment insurance taxes and benefits on layoffs using firm and individual data |
| title_exact_search | The effects of unemployment insurance taxes and benefits on layoffs using firm and individual data |
| title_full | The effects of unemployment insurance taxes and benefits on layoffs using firm and individual data Patricia M. Anderson ; Bruce D. Meyer |
| title_fullStr | The effects of unemployment insurance taxes and benefits on layoffs using firm and individual data Patricia M. Anderson ; Bruce D. Meyer |
| title_full_unstemmed | The effects of unemployment insurance taxes and benefits on layoffs using firm and individual data Patricia M. Anderson ; Bruce D. Meyer |
| title_short | The effects of unemployment insurance taxes and benefits on layoffs using firm and individual data |
| title_sort | the effects of unemployment insurance taxes and benefits on layoffs using firm and individual data |
| topic | Ökonometrisches Modell Layoff systems United States Unemployment insurance Experience rating Econometric models Unemployment insurance United States Econometric models |
| topic_facet | Ökonometrisches Modell Layoff systems United States Unemployment insurance Experience rating Econometric models Unemployment insurance United States Econometric models USA |
| volume_link | (DE-604)BV002801238 |
| work_keys_str_mv | AT andersonpatriciam theeffectsofunemploymentinsurancetaxesandbenefitsonlayoffsusingfirmandindividualdata AT meyerbruced theeffectsofunemploymentinsurancetaxesandbenefitsonlayoffsusingfirmandindividualdata |