TY  - JOUR
AU  - Clark,Kim B.
AU  - Summers,Lawrence H.
TI  - Unemployment Insurance and Labor Force Transitions
JF  - National Bureau of Economic Research Working Paper Series
VL  - No. 920
PY  - 1984
Y2  - September 1984
UR  - http://www.nber.org/papers/w0920
L1  - http://www.nber.org/papers/w0920.pdf
N1  - Author contact info:
Kim B. Clark
Graduate School of Business
Morgan 2, 15 Harvard Way
Harvard University
Boston, MA  02163
Tel: 617/495-6288
E-Mail: no email available

Lawrence H. Summers
Harvard Kennedy School of Government
79 JFK Street
Cambridge, MA 02138
Tel: 617/495-9322
Fax: 617/495-0436
E-Mail: lhs@harvard.edu
AB  - This paper reports preliminary estimates of an econometric simulation model capable of a comprehensive evaluation of the effects of unemployment insurance on measured and actual employment, unemployment and non-participation. The data are longitudinal comprising information on 75,000 households sampled in the Current Population Surveys of March and April 1978. The simulation model is constructed from multi- nomial logit equations characterizing individuals' labor force transitions. These equations provide estimates of the effects of UI on job loss, labor force exit, and entry into the labor force, as well as the effect of UI on unemployment duration and temporary layoffs. The results are rather inconclusive, but suggest the importance of further research on I21 and transitions in and out of the labor force.
ER  -