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At the onset of the COVID pandemic, the U.S. economy suddenly and swiftly lost 20 million jobs. Over the next two years, the economy has been on the recovery path. We assess the labor market two years into the COVID crisis. We show that early employment dynamics were almost entirely driven by...
Persistent link: https://www.econbiz.de/10013362041
through unemployment insurance (UI). We introduce a novel empirical test of standard neoclassical models of fertility that … the interaction of the aggregate unemployment rate with a measure of potential income replacement from UI. Our results … show that as UI benefit generosity reaches 100 percent income replacement, there is no effect of the unemployment rate on …
Persistent link: https://www.econbiz.de/10014226134
unemployment rate of the magnitude of the Great Recession reduces the average, annual age-adjusted mortality rate by 2.3 percent …
Persistent link: https://www.econbiz.de/10014486202