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We show that the largest increase in unemployment benefits in U.S. history had large spending impacts and small job …
Persistent link: https://www.econbiz.de/10013361970
. Government incentives to production may alleviate high unemployment in this economy, but at the cost of exacerbating sclerosis …
Persistent link: https://www.econbiz.de/10012474151
We use micro data on earnings together with the details of each state's unemployment insurance (UI) system to compute … the distribution of UI benefits after the uniform $600 Federal Pandemic Unemployment Compensation (FPUC) supplement … implemented by the CARES Act. We find that between April and July 2020, 76% of workers eligible for regular Unemployment …
Persistent link: https://www.econbiz.de/10012481799
foregone unemployment insurance about equally erode the rewards from retaining a job, or starting a new one …
Persistent link: https://www.econbiz.de/10012460070
Almost exactly two years ago COVID-19 spread to the United States. Following the federalism model, the 50 states and their governors and legislators made many of their own pandemic policy choices to mitigate the damage from the virus. States learned from one another over time about what policies...
Persistent link: https://www.econbiz.de/10013191023