Much attention has been given to the large increase in safety net spending, particularly in Unemployment Insurance and … Tax Credit, and Unemployment Insurance--in buffering families from negative economic shocks. This analysis yields several …

individuals who exhaust their Unemployment Insurance (UI) benefits use DI as a form of extended benefits. We exploit the haphazard …

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 …

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 …

This paper examines how unemployment affects retirement and whether the Unemployment Insurance (UI) system and Social … longitudinal data from the Health and Retirement Survey (HRS). We find that downturns in the labor market increase retirement … and to the threat of a health shock to which older workers are exposed. Interestingly, retirements only increase in …

We study the optimal design of unemployment insurance for workers sampling job opportunities over time. We focus on the … absolute risk aversion preferences, a very simple policy is optimal: a constant benefit during unemployment, a constant tax … liquidity to smooth their consumption; and providing unemployment subsidies that serve as insurance against the uncertain …

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 …