Council Special Report on the Case for Wage Insurance

Staff: Sebastian Mallaby, Paul A. Volcker Senior Fellow for International Economics and Director of the Maurice R. Greenberg Center for Geoeconomic Studies
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

Meetings

Advisory Committee

Council Special Report on The Case for Wage Insurance: Second Advisory Committee Meeting

Presider:

Patricia Ruggles, Senior Program Officer, National Academy of Sciences

Speaker:

Robert J. LaLonde, Professor, Harris School of Public Policy, University of Chicago
July 19, 2006

This meeting is not for attribution.

Advisory Committee

Council Special Report on The Case for Wage Insurance: First Advisory Committee Meeting

Presider:

Patricia Ruggles, Senior Program Officer, National Academy of Sciences

Speaker:

Robert J. LaLonde, Professor, Harris School of Public Policy, University of Chicago
June 8, 2006

This meeting is not for attribution.