This paper studies the effect of two labor market institutions, unemployment insurance (UI) and job search assistance … search unemployment, skill depreciation during unemployment, and idiosyncratic as well as aggregate labor market risk. The …

This paper studies the effect of two labor market institutions, unemployment insurance (UI) and job search assistance … search unemployment, skill depreciation during unemployment, and idiosyncratic as well as aggregate labor market risk. The …

We present experimental evidence on the effects of four U.S. reemployment programs for youth Unemployment Insurance (UI … had minimal effects on employment and earnings; these programs mainly induced the early exit of participants. The fourth … increased employment and earnings. Both early participant exits and effective job counseling underlie these impacts. We conclude …

, and policy restrictions, we consider a range of employment outcomes - including permanent layoffs, which generate large … examine how these employment patterns vary across different states, according to the timing and severity of virus caseloads … economic activity reduce employment rates concurrently but do not seem to have lingering effects once relaxed. In contrast …

EWE is a consequence of one of the most important labor institutions: the unemployment benefit (UB). We develop a model …