We study unemployment insurance in a framework where the main source of heterogeneity among agents is the type of … aggregate wealth moments. Our central finding is that changes to the current unemployment insurance program are valued … differently by married and single households. In particular, a more generous unemployment insurance reduces the welfare of married …

on their experience. Using Current Population Survey (CPS) data and state-level variations in the unemployment rate, this … period from 1994-2014 to 1994-2019 and (ii) using MSA-level unemployment variation instead of state-level variation. These …

-finding rates and the more standard view of negative effects. When unemployment compensation, if any, is low enough, we argue that … conclusion as well. Looking specifically at unemployment compensation, its optimal level is generally higher than when a lower …

that a decrease of say unemployment probability or an increase in unemployment insurance (UI) generosity affects saving not …

We offer a decomposition for the variance of the current unemployment rate that not only measures the contributions of …

. In particular, I show that once markups are allowed to respond to trade liberalization, unemployment and residual wage …