the Great Recession. Because the cut applied only to new benefit claims, claimants whose unemployment start dates differed …-in-Difference analyses. While we find no impact on unemployment duration for those aged 20-21, the benefit cut significantly reduced duration …

employers encouraged their employees to use the bridge options unemployment or partial retirement instead of the early …

rate of job destruction is sufficiently low, the unemployment rates can get close to steady-state values during the … transition. Within the realm of feasible scenarios, unemployment differentials are simultaneously determined by the speed of … destruction is fast and benefits are high. -- transition ; heterogeneous labor ; job creation ; unemployment benefit ; wage …