Unemployment insurance has the standard effect of reducing employment, but also helps workers to get a suitable job. The … unemployment, productivity growth and wage inequality. To show this, we construct two fictitious economies with calibrated … parameters which only differ by the degree of unemployment insurance and assume that they are hit by a common technological shock …

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

Many Unemployment Insurance (UI) recipients do not find new jobs before exhausting their benefits, even when benefits …

unemployment benefits on the duration of joblessness in Austria, and discuss implementation issues that may arise in similar …

large reforms of unemployment insurance (UI) benefit levels in Austria. We document that wages are insensitive to UI benefit … sensitivities larger than $0.03. The insensitivity holds even among workers with low wages and high predicted unemployment duration …

This paper develops a model with multiple steady states (low tax and low unemployment versus high tax and high … unemployment) in which equilibrium selection is not conditioned on a sunspot variable. Instead, large temporary shocks initiate … possible that the transition to the high-unemployment steady state after a negative shock can be avoided if the government …

the effects of unemployment insurance on measured and actual employment, unemployment and non-participation. The data are … effect of UI on unemployment duration and temporary layoffs. The results are rather inconclusive, but suggest the importance …

response to demand and productivity shifts. Unemployment is sustained because the marginal value of labor is not equated across … transactions cost-mobility constraints. Contracts provide full unemployment insurance for risks that are diversifiable by pooling … atheory of consumption rigidity rather than wage rigidity. Another empirical implication is that unemployment incidence is …

This paper uses two data sets to examine the impact of the potential duration of unemployment insurance (UI) benefits … on the duration of unemployment and the time pattern of the escape rate from unemployment in the United States. The first … part of the empirical work uses a large sample of household heads to examine differences in the unemployment spell …

We examine the effects of unemployment insurance (UI) experience rating on layoffs using high quality firm and …