During the Great Recession, U.S. unemployment benefits were extended by up to 73 weeks. Theory predicts that extensions … increase unemployment by discouraging job search, a partial equilibrium effect. Using data from the large job board … implies that the general equilibrium effect reduces the impact of unemployment insurance on unemployment by 40%: increasing …

We develop a computable general equilibrium model of the United States economy to study the unemployment effects of … carbon tax on aggregate unemployment is small and similar across the two labor mobility assumptions (0.2-0.3 percentage … points). The effect on unemployment in fossil fuel sectors is much larger under the immobility assumption - a 30 percentage …

-to-job transitions are considerable, and may outweigh those from lowering frictions in hiring from unemployment …

Previous research on unemployment insurance (UI) has focused on the costs of the program, in terms of the distorting … effects of generous UI benefits on worker and firm behavior. For assessing the optimal size of an unemployment insurance … replacement rate leads to a consumption fall upon unemployment which is 2.7% smaller. Over this period, the average fall in …

of higher unemployment insurance benefits, individuals who filed just before and just after sixteen benefit increases are … period of unemployment insurance receipt by about one week. This effect is precisely estimated and found using several … approaches. the incidence of layoffs resulting in unemployment insurance claims is unaffected by the increases. The evidence does …

This paper tests the effects of the level and length of unemployment insurance (UI) benefits on unemployment durations … are found to have a strong negative effect on the probability of leaving unemployment. However, the probability of leaving … unemployment rises dramatically just prior to when benefits lapse. When the length of benefits is extended, the probability of a …

Before 1979, unemployment insurance (UI) benefits were not treated as taxable income in the United States. Several … has had the predicted effect of reducing unemployment duration.The study uses data on a sample of persons that filed for … presents persuasive evidence of a tax effect on unemployment duration. The 1979 policy change is estimated to have reduced …

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 … value because it reduces lifetime consumption. The main empirical implication of contract theory is shown to be closely …

We use the model to evaluate a tax-financed unemployment insurance scheme. Higher insurance is beneficial for … unemployment effects, unless workers are close to indifferent between working and not working; thus, recent findings are …