| 000 | 02524cam a22003617 4500 | ||
|---|---|---|---|
| 001 | w28218 | ||
| 003 | NBER | ||
| 005 | 20211020103407.0 | ||
| 006 | m o d | ||
| 007 | cr cnu|||||||| | ||
| 008 | 210910s2020 mau fo 000 0 eng d | ||
| 100 | 1 | _aEast, Chloe N. | |
| 245 | 1 | 0 |
_aHow Well Insured are Job Losers? Efficacy of the Public Safety Net. / _cChloe N. East, David Simon. |
| 260 |
_aCambridge, Mass. _bNational Bureau of Economic Research _c2020. |
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| 300 |
_a1 online resource: _billustrations (black and white); |
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| 490 | 1 |
_aNBER working paper series _vno. w28218 |
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| 500 | _aDecember 2020. | ||
| 520 | 3 | _aAn extensive literature in economics documents large and persistent declines in earnings following involuntary job loss. We study whether the public safety net mitigates this loss in resources using the Survey of Income and Program Participation in 1996-2013. With an individual fixed effects model, we document which public safety net programs provide the most insurance, and how this varies by pre-job-loss characteristics. We find that Unemployment Insurance provides the largest buffer against lost income, but that due to the structure of the program, the neediest are less-well insured (in terms of dollars transferred and percentage of lost earnings replaced), compared to middle and higher income job losers. This has important implications for the progressivity of the safety net, and how best to support displaced workers, which is crucial to understand for job losers at any time, and especially now, in light of the historic number of job losses during the COVID-19 pandemic. | |
| 530 | _aHardcopy version available to institutional subscribers | ||
| 538 | _aSystem requirements: Adobe [Acrobat] Reader required for PDF files. | ||
| 538 | _aMode of access: World Wide Web. | ||
| 588 | 0 | _aPrint version record | |
| 690 | 7 |
_aH0 - General _2Journal of Economic Literature class. |
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| 690 | 7 |
_aH31 - Household _2Journal of Economic Literature class. |
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| 690 | 7 |
_aJ18 - Public Policy _2Journal of Economic Literature class. |
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| 690 | 7 |
_aJ65 - Unemployment Insurance • Severance Pay • Plant Closings _2Journal of Economic Literature class. |
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| 700 | 1 | _aSimon, David. | |
| 710 | 2 | _aNational Bureau of Economic Research. | |
| 830 | 0 |
_aWorking Paper Series (National Bureau of Economic Research) _vno. w28218. |
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| 856 | 4 | 0 | _uhttps://www.nber.org/papers/w28218 |
| 856 |
_yAcceso en línea al DOI _uhttp://dx.doi.org/10.3386/w28218 |
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_2ddc _cW-PAPER |
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_c319904 _d278466 |
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