During the Covid-19 pandemic, unemployment insurance (UI) benefits have taken on an unprecedented role in the United … Recession peak. This is due to two factors: first, the high unemployment rate, which reached 14.7 percent in April 2020; and … aggregate spending of the employed was down by 10 percent, the spending of unemployment benefit recipients increased by 10 …

Unemployment Insurance (UI) benefits in history through the creation of the Pandemic Unemployment Assistance (PUA) program. This …

The CARES Act implemented in response to the COVID-19 crisis dramatically increases the generosity of unemployment … insurance (UI) benefits, triggering concerns about its substantial impact on unemployment. This paper combines a labor market … search-matching model with the SIR-type infection dynamics to study the effects of CARES UI on both unemployment and …

-paying jobs. This led to a dramatic increase in inequality in labor earnings during the pandemic. Simulating standard unemployment …

, triggering concerns about its substantial impact on unemployment. This paper combines a labor market search-matching model with … the SIR-type infection dynamics to study the effects of CARES UI on both unemployment and infection. More generous UI … policies create work disincentives and lead to higher unemployment, but also reduce infection and save lives. Economic shutdown …

The CARES Act implemented in response to the COVID-19 crisis dramatically increases the generosity of unemployment … insurance (UI) benefits, triggering concerns about its substantial impact on unemployment. This paper combines a labor market … search-matching model with the SIR-type infection dynamics to study the effects of CARES UI on both unemployment and …

rich individual-level data from the quarterly Labor Force Surveys. We find that the lockdown increases the unemployment …

rich individual-level data from the quarterly Labor Force Surveys. We find that the lockdown increases the unemployment …