Choi, Sekyu; Valladares‐Esteban, Arnau - In: Quantitative economics : QE ; journal of the … 11 (2020) 1, pp. 437-469
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 …