, and income. Yet most welfare reform research focuses on mean impacts. We investigate the importance of heterogeneity using …'s greater costs. We conclude that welfare reform's effects are likely both more varied and more extensive than has been …

This paper provides quasi-experimental estimates of the causal effect of long-term unemployment on wages. Using … standard job search theory, the paper derives and tests conditions on reemployment wages under which Unemployment Insurance (UI …) extensions can be used as instrumental variables (IV) for unemployment duration. Using a regression discontinuity design, the …

We document the sources behind the costs of job loss over the business cycle using administrative data from Germany …

This paper shows empirically that the non-employment effects of unemployment insurance (UI) for older workers depend in … difficult-to-explain trends in the unemployment rate of older German workers …

We study a large-scale French reform that provided generous downside insurance for unemployed individuals starting a … business. We study whether this reform affects the composition of people who are drawn into entrepreneurship. New firms started … in response to the reform are, on average, smaller, but have similar growth expectations and education levels compared to …

consumption also significantly fell whenever employment became financially less attractive, as it was while unemployment bonuses …

This study examines the relative economic well-being of households that receive unemployment insurance (UI) benefits …