Data and Code for: Wage Insurance and Labor Market Trajectories

Principal Investigator(s): View help for Principal Investigator(s) Benjamin Hyman, Federal Reserve Bank of New York; Brian Kovak, Carnegie Mellon University; Adam Leive, University of Virginia; Theodore Naff, NBER

Version: View help for Version V1

Name	File Type	Size	Last Modified
code			04/28/2021 10:12:PM

Project Citation:

Hyman, Benjamin, Kovak, Brian, Leive, Adam , and Naff, Theodore. Data and Code for: Wage Insurance and Labor Market Trajectories. Nashville, TN: American Economic Association [publisher], 2021. Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 2021-04-29. https://doi.org/10.3886/E139201V1

Project Description

Summary: The consequences of job displacement are often severe, with many workers experiencing large earnings declines, protracted periods of unemployment, and other negative outcomes. Since at least the late 1980s, researchers have proposed wage insurance systems to counteract these effects. In such systems, workers whose reemployment wages are lower than their pre-displacement wages receive a temporary subsidy covering a portion of the wage decline.Since 2002, the US Trade Adjustment Assistance (TAA) program has included a wage insurance program available to workers age 50 and over who were laid off in a trade- related displacement. Using administrative worker-level data from Virginia, we provide details on program participation and benefit amounts received linked to long-run earnings histories covering 2005– 2018

Funding Sources: National Science Foundation (1851679)

Scope of Project

Subject Terms: wage insurance; displaced workers; Trade adjustment; earnings subsidy

JEL Classification:
      F16 Trade and Labor Market Interactions
      H53 National Government Expenditures and Welfare Programs
      I28 Education: Government Policy
      J24 Human Capital; Skills; Occupational Choice; Labor Productivity
      J65 Unemployment Insurance; Severance Pay; Plant Closings

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Published Versions

V1 [2021-04-29]

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