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Author:Michaud, Amanda M. 

Journal Article
Safe Occupations Are Growing

Health problems and disability claims have declined in the fastest-growing occupations.
Economic Synopses , Issue 11

Working Paper
Vocational Considerations and Trends in Social Security Disability

Along with health, Social Security Disability Insurance (SSDI) evaluates work-limiting disability by considering vocational factors including age, education, and past work experience. As the number of SSDI applicants and awards has increased, these vocational criteria are increasingly important to acceptances and denials. A unique state-level dataset allows us to estimate how these factors relate to the SSDI award process. These estimates are used to asses how changes to the demographic and occupational composition have contributed to awards trends. In our results, the prevalence of workers ...
Working Papers , Paper 2016-18

Journal Article
Expanded Unemployment Programs Likely Slowed the Decline in Unemployment Claims During the Pandemic Recovery

The typical Pandemic Unemployment Assistance claimant claimed 9.5 to 11.5 more weeks of benefit payments than an individual claiming through regular state programs.
Economic Synopses , Issue 20 , Pages 1-2

Working Paper
Expanding Unemployment Insurance Coverage

This paper develops a quantitative framework to study the impact of Unemployment Insurance (UI) expansions to workers earning below eligibility thresholds. A model of how UI affects welfare and labor supply is developed and calibrated with microeconomic data, including consumption. The model predicts that the current ineligible would choose to stay on UI longer than the current eligible and the margins of why this is the case are quantified. The model is applied to the Great Recession by identifying ineligible workers in the data using machine learning and to an actual expansion during ...
Opportunity and Inclusive Growth Institute Working Papers , Paper 067

Working Paper
Redistributive Fiscal Policies and Business Cycles in Emerging Economies

Government expenditures are pro-cyclical in emerging markets and counter-cyclical in developed economies. We show this pattern is driven by differences in social transfers. Transfers are more counter-cyclical and comprise a larger portion of spending in developed economies compared to emerging. In contrast, government expenditures on goods and services are quite similar across the two. In a small open economy model, we find disparate social transfer policies can account for more than a half of the excess volatility of consumption relative to output in emerging economies. We analyze how ...
Working Papers (Old Series) , Paper 1709

Ensuring That Your Voice Is Heard

Amanda Michaud, an economist and research officer at the St. Louis Fed, talks about life as an economist and her research on criminal justice policies and labor markets.
On the Economy

Remote Work Buoyed Employment for Those Vulnerable to Severe COVID-19

In 2020, workers at risk for severe COVID-19 illness didn’t experience a sharper drop in labor participation than nonvulnerable workers.
On the Economy

Working Paper
Occupational hazards and social disability insurance

Using retrospective data, we introduce evidence that occupational exposure significantly affects disability risk. Incorporating this into a general equilibrium model, social disability insurance (SDI) affects welfare through (i) the classic, risk-sharing channel and (ii) a new channel of occupational reallocation. Both channels can increase welfare, but at the optimal SDI they are at odds. Welfare gains from additional risk-sharing are reduced by overly incentivizing workers to choose risky occupations. In a calibration, optimal SDI increases welfare by 2.6% relative to actuarially fair ...
Working Papers , Paper 2014-24

Journal Article
Understanding the Motives and Constraints That Lead People to Risky Occupations

The Regional Economist


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