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The Effect of Unemployment Benefits on the Duration of Unemployment Insurance Receipt: New Evidence from a Regression Kink Design in Missouri, 2003-2013 / David Card, Andrew Johnston, Pauline Leung, Alexandre Mas, Zhuan Pei.
- Format:
- Book
- Author/Creator:
- Card, David.
- Series:
- Working Paper Series (National Bureau of Economic Research) no. w20869.
- NBER working paper series no. w20869
- Language:
- English
- Physical Description:
- 1 online resource: illustrations (black and white);
- Other Title:
- Effect of Unemployment Benefits on the Duration of Unemployment Insurance Receipt
- Place of Publication:
- Cambridge, Mass. National Bureau of Economic Research 2015.
- Summary:
- 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.
- Notes:
- Print version record
- January 2015.
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