We exploit a policy discontinuity at U.S. state borders to identify the effects of unemployment insurance policies on … unemployment. Our estimates imply that most of the persistent increase in unemployment during the Great Recession can be accounted … for by the unprecedented extensions of unemployment benefit eligibility. In contrast to the existing recent literature …

This paper examines the causes of the observed increase in the average duration of unemployment over the past thirty … in the generosity and coverage of unemployment insurance. We find that changes in the composition of the labor force and … institutional changes can only partially account for the longer duration of unemployment. We construct a job search model and …

hiring and firing costs, search frictions with vacancy costs, unemployment benefits, firm entry costs, and a tax wedge …

cross-country calibration of search models of unemployment. We find that cross-country differences in job-finding rates are … unemployment and labor force participation rates to impute steady-state worker flows for twenty-three of the countries in our …