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control for MSA-level unemployment, less so if we do not; (ii) more positive on future wellbeing than on current well … positive in MSAs within states with more generous unemployment insurance policies. …
Persistent link: https://www.econbiz.de/10011240563
We study how the level of unemployment insurance (UI) benefits that trades off the consumption smoothing benefit with … moral hazard cost is procyclical, greater when the unemployment rate is relatively low. By contrast, our evidence suggests … standard deviation increase in the unemployment rate leads to a roughly 14 to 27 percentage point increase in the welfare …
Persistent link: https://www.econbiz.de/10009147970
candidate explanation is supply-side effects driven by dramatic expansions of Unemployment Insurance (UI) benefit durations, to … longitudinal structure of the Current Population Survey to construct unemployment exit hazards that vary across states, over time …, and between individuals with differing unemployment durations. I then use these hazards to explore a variety of …
Persistent link: https://www.econbiz.de/10009325541
impacts from optimal unemployment insurance policy. Here optimal policy is defined as that which maximizes total output and …
Persistent link: https://www.econbiz.de/10010796609
We provide new evidence on the effect of the unemployment insurance (UI) weekly benefit amount on unemployment …
Persistent link: https://www.econbiz.de/10011123638
We measure the effect of unemployment benefit duration on employment. We exploit the variation induced by the decision …
Persistent link: https://www.econbiz.de/10011133502
We exploit a policy discontinuity at U.S. state borders to identify the labor market implications of unemployment …, and a rise in unemployment. …
Persistent link: https://www.econbiz.de/10011133516
One goal of extending the duration of unemployment insurance (UI) in recessions is to increase UI coverage in the face … of longer unemployment spells. Although it is a common concern that such extensions may themselves raise nonemployment …
Persistent link: https://www.econbiz.de/10009652780
The majority of papers analyzing the employment effects of unemployment insurance (UI) benefit durations focuses on the … duration of the first unemployment spell. In this paper, we make two contributions. First, we use a regression discontinuity … they incorporate differences in UI benefit receipt and employment due to recurrent unemployment spells. Second, we derive a …
Persistent link: https://www.econbiz.de/10009652843
unemployment. In the optimal welfare program, assisted search is implemented between an initial spell of private search … (unemployment insurance) and a final spell of pure income support where search effort is not elicited. To be effective, job …
Persistent link: https://www.econbiz.de/10010950714