We show that the largest increase in unemployment benefits in U.S. history had large spending impacts and small job …

through unemployment insurance (UI). We introduce a novel empirical test of standard neoclassical models of fertility that … the interaction of the aggregate unemployment rate with a measure of potential income replacement from UI. Our results … show that as UI benefit generosity reaches 100 percent income replacement, there is no effect of the unemployment rate on …

employment is the efficient unemployment rate, u*. We define u* as the unemployment rate that minimizes the nonproductive use of …). Accordingly, the efficient unemployment rate is the geometric average of the unemployment and vacancy rates: u* = √uv. We compute …

Unemployment insurance taxes are experience-rated to penalize firms that dismiss workers. We examine whether experience …, nearly a million jobs in the Great Recession …

Most economists maintain that the labor market in the United States is 'tight' because unemployment rates are low. They …, prior to that, real wages had been stagnant for some time. We show that unemployment is not key to understanding wage … formation in the USA and hasn't been since the Great Recession. Instead, we show rates of under-employment (the percentage of …

We model a reinsurance mechanism for the national unemployment insurance programs of euro area member states. The risk …-sharing scheme we analyze is designed to smooth country-level unemployment risk and expenditures around each country's median level … of the euro area member states' unemployment expenditures risk in the aftermath of the 2009 sovereign debt crisis if …

of unemployment insurance and work from home. We use Current Population Survey and Social Security application data to … expiration of expanded unemployment insurance, we find that the loss of these additional financial supports is associated with a … drop in older adult unemployment rates and an increase in Social Security Disability Insurance claiming. Social Security …