aspects: incidence, severity and hysteresis. Incidence refers to the conventional unemployment rate; severity takes in both … unemployment duration and the associated income loss; and hysteresis refers to the probability of remaining unemployed. The social … loss, unemployment duration and hysteresis. The resulting formula is simple and easy to understand and implement. We apply …

Extended unemployment benefits programs are triggered by the state insured unemployment rate while intrastate demand … conditions often vary dramatically. Some tight local labor markets may therefore exhibit a large effect of extended unemployment …, the entitlement effect is stronger in low unemployment labor markets. This finding is robust across a number of …

Although a meaningful percentage of firms are created out of unemployment and current active labor market policies in … Europe often subsidize unemployed individuals to start their own businesses, little is known about the role of unemployment … extensive margin of (self-)employment and on unemployment duration. We find heterogeneous effects on the extensive margin: while …

Although a relevant share of firms is created out of unemployment and current active labor market policies in Europe … often subsidize unemployed individuals to start their own businesses, little is known about the role of unemployment … extensive margin of (self-)employment and on unemployment duration. We find heterogeneous effects on the extensive margin: while …

Using newly digitized unemployment insurance claims data we construct a historical monthly unemployment series for U …-level unemployment data, which are only available from January 1976 onwards, and capture consistent patterns in the business cycle. We … use our claims-based unemployment series to examine the evolving pace of post-war unemployment recoveries at the state …

unemployment, their lifetime use of the system increases. This supply side hysteresis effect may explain why unemployment has …This paper presents results from a 1971 natural experiment carried out by the Canadian government on the unemployment … steadily increased over the 1972-1992 period, even though the generosity of unemployment insurance did not …

selective extension of the potential duration of unemployment benefits. If social interactions are important, this policy change … affects entitled individuals not only directly, but also indirectly by altering the duration of unemployment in the reference …

selective extension of the potential duration of unemployment benefits. If social interactions are important, this policy change … affects entitled individuals not only directly, but also indirectly by altering the duration of unemployment in the reference …

selective extension of the potential duration of unemployment benefits. If social interactions are important, this policy change … affects entitled individuals not only directly, but also indirectly by altering the duration of unemployment in the reference …

This paper investigates the impact of endogenous unemployment insurance (UI) extensions on the dynamics of unemployment … for the maximum UI duration to depend on unemployment and for UI benefits to depend on worker characteristics. UI … extensions have a large effect on long-term unemployment during the Great Recession via job search responses and a moderate …