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 …

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 …

(market-level effect) to changes in the duration of unemployment insurance (UI) benefits. To implement this approach, we …

(market-level effect) to changes in the duration of unemployment insurance (UI) benefits. To implement this approach, we …

This paper develops a model with multiple steady states (low tax and unemployment rate versus high tax and unemployment … European unemployment rates observed during the seventies. The explanation given is that even if the unemployment rate would … job creation remains low making the return to a low unemployment rate impossible. The paper shows that in some cases …

in geographical mobility, unemployment and labor market institutions. Rational agents vote over unemployment insurance … high unemployment, low geographical mobility and high unemployment insurance, and one "American" steadystate featuring low … unemployment, high mobility and low unemployment insurance. …

The issue of whether unemployment benefits should increase or decrease over the unemployment spell is analyzed in an … search productivity of unemployed is constant over the unemployment spell, benefits should typically increase or be constant …

unemployment over the business cycle, it implies a far too strong rise of the unemployment rate when unemployment benefits rise … of unemployment but at the same time implies a reasonable elasticity of unemployment with respect to benefits …

The issue of whether unemployment benefits should increase or decrease over the unemployment spell is analyzed in a … productivity of the unemployed is constant over the unemployment spell, benefits should typically increase or be constant. The only …

unemployment benefits. We use the 1999 unemployment insurance reform of Portugal, a quasi-natural experiment. The reform increased … the maximum duration of benefits for three groups of agents and maintained all features of the unemployment insurance for … successfully predicts the effects on the unemployment rate, the labor force participation, and the levels of unemployment and …