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

Unemployment and under-employment represented $25.8 billion in annual wages not earned in Los Angeles County, $28 … where one or more breadwinners are under-employed. Unemployment and under-employment rates in LA peaked at the end of 2010 …

Persistent unemployment after recessions and the policies required to bring it down are the subject of an ongoing … unemployment, requiring the implementation of structural policy reforms. The alternative view is that the slow recovery of the … economy is due to cyclic reasons coming from lack of demand which prevents unemployment from falling quickly. Knowing whether …

We exploit a policy discontinuity at U.S. state borders to identify the effects of unemployment insurance policies on … unemployment. Our estimates imply that most of the persistent increase in unemployment during the Great Recession can be accounted … for by the unprecedented extensions of unemployment benefit eligibility. In contrast to the existing recent literature …

The Unemployment Insurance (UI) system in the United States has played a decisive lifeline role in effectively … before - despite that the average duration of unemployment had almost doubled in the aftermath of the Great Recession. The … programs to respond to the pandemic can offer to inform - and enrich - the debate on whether and how to reform the UI system …

-paying firms. Changes in characteristics of workers or displacing firms explain little of the cyclicality, though non-employment …

properties of employment and unemployment equilibrium. Second, it applies the model to the study of employment fluctuations and … to the explanation of differences in unemployment rates in industrialized countries. The search and matching model is … unemployed workers from inactivity to production (the ‘job creation’ flow) and one for the flow of workers from employment to …

All developed economies have unemployment benefit programs to protect workers against major income losses during spells … of unemployment. By enabling unemployed workers to meet basic consumption needs, the programs protect workers from having … recessions. If benefits are too generous, however, the programs can lengthen unemployment and raise the unemployment rate. The …

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 …

Unemployment increased drastically over the course of the Great Recession from 4.5 percent prior to the recession to 10 … percent at its peak in October 2009. Since then, the unemployment rate has come down steadily, and it stood at 5.8 percent in … November 2014. Based on existing analyses and some new evidence, this paper establishes that much of the change in unemployment …