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"The Great Recession from December 2007 to June 2009 is associated with a dramatic weakening of the labor market from … which the labor market is now only slowly recovering. The unemployment rate remains stubbornly high and durations of … unemployment are unprecedentedly long. I use data from the Displaced Workers Survey (DWS) from 1984-2010 to investigate the …
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eligible unemployed would exit unemployment, concentrated among the long-term unemployed. The estimates imply that UI benefit …"Nearly two years after the official end of the "Great Recession," the labor market remains historically weak. One … candidate explanation is supply-side effects driven by dramatic expansions of Unemployment Insurance (UI) benefit durations, to …
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