We study the macroeconomic effects of unemployment insurance (UI) benefit extensions in the United States at short and … when initial durations are shorter have substantial effects on the unemployment rate and the number of people receiving UI …

wage effects and the response of unemployment to changes in unemployment benefits. The model estimates that the costs of … important policy implications. Because changes to unemployment benefits affect sectors differently, these changes impact the …

Unemployment insurance experience rating imposes higher payroll tax rates on firms that have laid off more workers in … unemployment with heterogeneous firms and realistic UI financing. The model predicts that higher experience rating reduces both job ….4%. While the unemployment rate falls on average by .21 percentage points, the effect on tax revenues is ambiguous. The model …

-employed. -- Distortions ; tax shifting ; unemployment insurance ; consumption smoothing ; crowding out …

pandemic, relative to enhancing unemployment benefits. A large proportion of the economy is forced to shut down, and firms in … unemployment benefits. If the shutdown is long or profit margins are low then a wage subsidy is preferable, and vice-versa. The … optimal mixture of policies includes a wage subsidy that covers 90% the first $200/week of earnings, and expands unemployment …

We study the macroeconomic effects of unemployment insurance (UI) benefit extensions in the United States at short and … when initial durations are shorter have substantial effects on the unemployment rate and the number of people receiving UI …