Wage Insurance and Labor Market Trajectories

Autor:	Benjamin Hyman, Adam Leive, Brian K. Kovak, Theodore Naff
Rok vydání:	2021
Předmět:	Labour economics education.field_of_study media_common.quotation_subject 05 social sciences Population Wage General Medicine 0502 economics and business Economics 050207 economics education Welfare health care economics and organizations 050205 econometrics media_common
Zdroj:	AEA Papers and Proceedings. 111:491-495
ISSN:	2574-0776 2574-0768
DOI:	10.1257/pandp.20211093
Popis:	Wage insurance provides income support to displaced workers who find reemployment at a lower wage. We study the effects of the wage insurance provisions of the US Trade Adjustment Assistance (TAA) program using administrative data from the state of Virginia. The program includes an age-based eligibility cutoff, allowing us to compare earnings and employment trajectories for workers whose ages at the time of displacement make them eligible or ineligible for the program. Our findings suggest that wage insurance eligibility increases short-run employment probabilities and that wage insurance and TAA training may yield similar long-run effects on employment and earnings.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::c8a542b83521c739d0f6656fdee2c4bc https://doi.org/10.1257/pandp.20211093 Zobrazit plný text záznamu Plný text ve formátu PDF