Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/172212 
Year of Publication: 
2016
Series/Report no.: 
Upjohn Institute Working Paper No. 16-250
Publisher: 
W.E. Upjohn Institute for Employment Research, Kalamazoo, MI
Abstract: 
Wage insurance is a program that attempts to help permanently displaced workers transition to employment rapidly, effectively, and equitably. Because displaced workers have been found to suffer substantial earnings losses when they become reemployed, a wage insurance program provides a temporary wage supplement that partially reduces the wage loss experienced by targeted, newly reemployed workers. While participating workers receive a "wage supplement," the program is called "wage insurance" because of its design as a social insurance program rather than an income transfer program. This paper provides a discussion of the development of wage insurance as a policy option in the United States and proposals that have had varying goals and designs.
Subjects: 
wage insurance
unemployment insurance
displaced workers
trade adjustment assistance
earnings losses
wage supplement
JEL: 
J65
J68
Persistent Identifier of the first edition: 
Document Type: 
Working Paper

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