home > think tank > research projects > Council Special Report on the Case for Wage Insurance
| Staff: | Sebastian Mallaby, Director of the Maurice R. Greenberg Center for Geoeconomic Studies and Paul A. Volcker Senior Fellow for International Economics |
|---|---|
| Author: | Robert J. LaLonde, Professor, Harris School of Public Policy, University of Chicago |
May 2006 - September 2007
Professor Robert J. Lalonde, professor of economics at the Harris School of Public Policy at the University of Chicago, is writing a Council Special Report on job displacement and the experienced worker. In this report, Professor LaLonde examines evidence on the causes of job loss, both through trade, technological change, and other factors, and suggests policies for aiding workers most harmed by job displacement—long-tenured, displaced workers. The report outlines the merits of a wage insurance program that would supplement the earnings of long-tenured workers displaced by international trade and other factors. The report contends that without policies to aid the workers most adversely affected by job loss, public support for further economic liberalization will likely diminish.
Publications
September 2007
Council Special Report No. 30
A flexible labor market and an open economy are crucial to economic competitiveness, but can sometimes cause prime-aged and older workers to suffer large, long-term income losses. This report explains why existing government programs, which emphasize retraining and insurance for short-term job loss, don't assuage workers' fears about globalization. It also proposes a shift of resources from existing programs to wage insurance.
Meetings
Council Special Report on The Case for Wage Insurance: Second Advisory Committee Meeting
Related Project: Council Special Report on the Case for Wage Insurance
| Presider: | Patricia Ruggles, Senior Program Officer, National Academy of Sciences |
|---|---|
| Speaker: | Robert J. LaLonde, Professor, Harris School of Public Policy, University of Chicago |
Council Special Report on The Case for Wage Insurance: First Advisory Committee Meeting
Related Project: Council Special Report on the Case for Wage Insurance
| Presider: | Patricia Ruggles, Senior Program Officer, National Academy of Sciences |
|---|---|
| Speaker: | Robert J. LaLonde, Professor, Harris School of Public Policy, University of Chicago |
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