cover image: Do Reemployment Bonuses Increase Employment? Evidence from the Idaho Return to Work Bonus Program

20.500.12592/nk98zt7

Do Reemployment Bonuses Increase Employment? Evidence from the Idaho Return to Work Bonus Program

18 Apr 2024

Abstract: In June 2020, Idaho announced the Return to Work Bonus program, which provided residents who returned to work with bonuses of up to $1,500. Using multiple data sources, we present difference-in-differences, triple differences, and synthetic control estimates suggesting the program may have increased individual employment and accelerated flows into employment from unemployment and from nonparticipation in the labor force. We show the program likely increased state-level employment rates. To the best of our knowledge, this is the first paper to study the effects of reemployment bonuses on the U.S. labor market outside an experimental setting. Read the full PDF here.
covid-19 economic policy employment unemployment us labor market

Authors

Michael R. Strain, Duncan Hobbs

Published in
United States of America

Related Topics

All