Faculty & Research Wage Insurance and Labor Market Trajectories May 30,2021 By Adam LeiveBenjamin G. HymanBrian K. KovakTheodore Naff Wage Insurance and Labor Market Trajectories Wage insurance provides income support to displaced workers who find reemployment at a lower wage. We study the effects of the wage insurance provisions of the US Trade Adjustment Assistance (TAA) program using administrative data from the state of Virginia. The program includes an age-based eligibility cutoff, allowing us to compare earnings and employment trajectories for workers whose ages at the time of displacement make them eligible or ineligible for the program. Our findings suggest that wage insurance eligibility increases short-run employment probabilities and that wage insurance and TAA training may yield similar long-run effects on employment and earnings. Link to Case Areas of focus Economics Adam Leive Adam Leive is an assistant professor of public policy and economics at the Frank Batten School of Leadership and Public Policy and in the Department of Economics (by courtesy) at the University of Virginia. He is a health economist with research interests at the intersection of consumer decision-making, household finance, and public economics. Read full bio Benjamin G. Hyman Brian K. Kovak Theodore Naff Related Content Adam Leive Health Insurance Design Meets Saving Incentives: Consumer Responses to Complex Contracts Research To lower health care costs, Health Savings Accounts (HSAs) offer tax incentives encouraging people to trade off current consumption against future consumption. This paper tests whether consumers use HSAs as self-insurance over the life cycle. Has Mortality Risen Disproportionately for the Least Educated? Research Two Batten professors examine whether the least educated population groups experienced the worst mortality trends at the beginning of the 21st century by measuring changes in mortality across education quartiles. Armed with Humor, Batten Student Named Among Nation's Top Four Army ROTC Cadets News The Navy Federal Credit Union has selected Batten student Jacob Shapero (MPP '21) as one of four Army ROTC All-Americans nationwide. Q&A: Do Work Requirements Aid Those on Public Assistance? Batten Professor Says No. News Adam Leive, Assistant Professor of Public Policy and Economics at the Batten School, questions the effectiveness of work requirements in public assistance.