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 …

pandemic recession. We first measure the contribution of temporary layoffs to unemployment dynamics over the period 1979 to the … due to "loss-of-recall", whereby workers in temporary-layoff unemployment lose their job permanently and do so at higher … both temporary-layoff and jobless unemployment. The model captures well pre-pandemic unemployment dynamics and shows how …

This paper shows empirically that the non-employment effects of unemployment insurance (UI) for older workers depend in … with retirement policies. Accounting for interactions across UI and retirement institutions also helps explain otherwise … difficult-to-explain trends in the unemployment rate of older German workers …

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