the shocks to the overall volatility, and the welfare implications of regime changes in general equilibrium models. Then … generalize Campbell's VAR implementation of Campbell and Shiller's present value decomposition to allow for parameter instability …, welfare, and uncertainty. All results are derived analytically, do not require numerical integration, and are therefore …

Families (TANF) become jobless, apply for and receive unemployment insurance (UI) benefits, and participate in publicly funded …

Recent efforts to expand unemployment insurance (UI) eligibility are expected to increase low-earning workers' access …

unemployment rate to measure its success, however, is misplaced. In a developing country with a large informal sector and in the … absence of unemployment insurance, open unemployment is primarily a middle-class phenomenon: the unemployed are not …

Generous income support programs as provided by European welfare states have often been blamed to reduce work … incentives for the lowskilled and to increase durations of unemployment. Standard studies measure work incentives based on annual …