program that extended unemployment benefits drastically for a subset of workers in selected regions of Austria. We use non … unemployment duration and probability of long term unemployment decrease. These effects are the largest when the program intensity …

Using variations in unemployment insurance policies over time and across U.S. states, this paper provides evidence that … rates and may lower the unemployment rate both in a steady state stationary economy and over a transition path during 2008 …

labor demand. Tightening eligibility to short-time work benefits tends to reduce the wage while the impact on unemployment …

A key question in labor market research is how the unemployment insurance system affects unemployment rates and labor … 76% of declining unemployment after the reform, a fact unexplained by existing research focusing on job finding rates … causally link our empirical findings to the reduction in long-term unemployment benefits using a heterogeneous-agent labor …

The CARES Act implemented in response to the COVID-19 crisis dramatically increases the generosity of unemployment … insurance (UI) benefits, triggering concerns about its substantial impact on unemployment. This paper combines a labor market … search-matching model with the SIR-type infection dynamics to study the effects of CARES UI on both unemployment and …

In this paper we compare the welfare effects of unemployment insurance (UI) with an universal basic income (UBI) system … shocks. While the unemployment insurance program should do a better job at protecting the unemployed, it suffers from moral …

This paper points out an empirical failing of real business cycle models in which unemployment is endogenized through a … matching function. One can easily choose a calibration to make the cyclical fluctuation in unemployment as large in the model … as it is in the data, or to make the response of unemployment to a change in the unemployment benefit as small in the …

We study asset-tested unemployment insurance in an incomplete markets model with moral hazard during job search. Asset … incentive to save and fewer private resources are used for consumption smoothing during unemployment. Our results show that in a … time-discount factors. We conclude that the current U.S. unemployment insurance system is approximately optimal. …

In many search models of the labor market, unemployment insurance (UI) is conveniently interpreted as the value of … two equilibrium models of unemployment: random search and directed search. In a random search model without taxes …