Article1993

The Economic Effects of Unemployment Insurance in Canada: An Empirical Analysis of UI Disentitlement

50 citations0/0 files storedJournal of Labor Economics

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Retirement, Disability, and Employment Labor market dynamics and wage inequality Financial Literacy, Pension, Retirement Analysis

Abstract

This article provides an overview of the Canadian Unemployment Insurance (UI) program, including its evolution, salient features, relative size, and knowledge about its labor market impacts. Understanding of these impacts is limited, and we conclude that an "event-study" approach is a promising way to further this knowledge. We examine the effects of the 1976 UI disentitlement of the elderly on their labor force behavior and find evidence of significant adverse selection effects. Interactions with the public pension system suggest that poverty among the elderly could be best addressed through changes in programs other than UI.

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References

1988Unemployment Insurance And Unemployment Spells 1988Pensions, The Option Value of Work, and Retirement 1990Bridge Jobs and Partial Retirement 1984The economics of “tagging” as applied to the optimal income tax, welfare programs, and manpower planning 1987Unemployment Insurance and Male Unemployment Duration in Canada 1991Recent Trends in Insured and Uninsured Unemployment: Is There an Explanation?1936Unemployment Insurance and Unemployment 1985The 1983 Social Security Reforms and Labor Supply Adjustments of Older Individuals in the Long Run

Cited by

1993A Comparative Analysis of Unemployment in Canada and the United States 2009Optimal Unemployment Insurance and Employment History 1997The Role of the Employment Service

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