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We model how unemployment benefit sanctions - benefit reductions that are imposed if unemployed do not comply with job search guidelines - affect unemployment. In our analysis we find that not only micro effects concerning the behavior of individual unemployed workers are relevant, but also...
Persistent link: https://www.econbiz.de/10001460511
Persistent link: https://www.econbiz.de/10003355986
We model how unemployment benefit sanctions - benefit reductions that are imposed if unemployed do not comply with job search guidelines - affect unemployment. In our analysis we find that not only micro effects concerning the behavior of individual unemployed workers are relevant, but also...
Persistent link: https://www.econbiz.de/10011318597
We model how unemployment benefit sanctions - benefit reductions that are imposed if unemployed do not comply with job search guidelines - affect unemployment. In our analysis we find that not only micro effects concerning the behavior of individual unemployed workers are relevant, but also...
Persistent link: https://www.econbiz.de/10013321326
Persistent link: https://www.econbiz.de/10013422992
Unemployment insurance (UI) sanctions in the form of benefit reductions are intended to set disincentives for UI recipients to stay unemployed. Empirical evidence about the effects of UI sanctions in Germany is sparse. Using administrative data we investigate the effects of sanctions on the...
Persistent link: https://www.econbiz.de/10012768154
We show that the largest increase in unemployment benefits in U.S. history had large spending impacts and small job-finding impacts. This finding has three implications. First, increased benefits were important for explaining aggregate spending dynamics—but not employment dynamics—during the...
Persistent link: https://www.econbiz.de/10014078600
How did the largest expansion of unemployment benefits in U.S. history affect household behavior? Using anonymized bank account data covering millions of households, we provide new empirical evidence on the spending and job search responses to benefit changes during the pandemic and compare...
Persistent link: https://www.econbiz.de/10013247471
In response to the COVID-19 pandemic, Congress expanded unemployment insurance (UI) benefits in three ways. First, it increased the level of benefits through a $600 and then a $300 per week supplement. Second, it expanded the pool of workers who are eligible to receive UI via the Pandemic...
Persistent link: https://www.econbiz.de/10013217037
Persistent link: https://www.econbiz.de/10013261093