We propose a multi-country model with occupational choice, heterogeneous firms, unemployment, and revenue … tariffs in the range of 14 percent for the U.S. to 43 percent for China, and tend to increase unemployment and income …

welfare. This insight leads to a novel test for the optimality of unemployment insurance based on the responsiveness of … reservation wages to unemployment benefits. Some existing estimates imply significant gains to raising the current level of … unemployment insurance but highlight the need for more research on the determinants of reservation wages. Our approach is intuitive …

Contrary to standard search model predictions, prior studies failed to estimate a positive effect of unemployment … unemployment. This implies a negative relationship between the UI unemployment duration and wage effects, which holds empirically …

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

impacts from optimal unemployment insurance policy. The model is estimated on the NLSY using the method of moments …

Contrary to standard search model predictions, prior studies failed to estimate a positive effect of unemployment … unemployment. This implies a negative relationship between the UI unemployment duration and wage effects, which holds empirically …