Licensed workers could be shielded from unemployment during recession since occupational licensing laws are asymmetric …-in-differences event study research design that exploits cross-state variation in licensing laws to compare the unemployment rate between …, we find that licensing shields workers from a recession-induced increase in the unemployment rate of 0.82 p.p. during …

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 …

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

, that frictions (sand-in-the-wheels) may decrease unemployment and that the equilibrium is determined by two simple …

.g., by reducing the threat of unemployment after management opposition or employer retaliation in response to a unionization …

transportation platforms. We present evidence that the availability of expanded unemployment insurance benefits resulted in many …