The existing studies of unemployment benefit and unemployment duration suggest that reforms that lower either the level … or the duration of benefits should reduce unemployment. Despite the large number of such reforms implemented in Europe in … unemployment. This paper also provides an explanation for this fact by exploring the interactions between unemployment benefits and …

This study examines whether the distribution of aggregate unemployment by duration affects individual well-being. Two … distribution of aggregate unemployment by duration on individual well-being. We find significant evidence in favor of both the … remain unemployed for a longer time. At some point, however, both the employed and unemployed adapt to unemployment at the …

We examine how a 16-week cut in potential unemployment insurance (UI) duration in Missouri affected search behavior of … estimates to simulate the unemployment rate assuming no market-level externalities. The simulated response, which implies almost … a one percentage point decline in the unemployment rate, closely approximates the estimated change in the unemployment …