, our welfare analysis of fiscal alternatives shows that the young prefer increases in unemployment transfers as this …

I interpret the empirical evidence on government spending multipliers using an equilibrium model of unemployment in … consumption cost of unemployment …

-border risk-sharing is limited, giving a role to a federal unemployment-based transfer scheme. Member states control local labor … Monetary Union, we find notable welfare gains if the federal scheme's payouts take the member states' past unemployment level … as a reference point. Member states' control over policies other than unemployment benefits can limit generosity during …

-border risk-sharing is limited, giving a role to a federal unemployment-based transfer scheme. Member states control local labor … Monetary Union, we find notable welfare gains if the federal scheme's payouts take the member states' past unemployment level … as a reference point. Member states' control over policies other than unemployment benefits can limit generosity during …

-border risk-sharing is limited, giving a role to a federal unemployment-based transfer scheme. Member states control local labor … Monetary Union, we find notable welfare gains if the federal scheme's payouts take the member states' past unemployment level … as a reference point. Member states' control over policies other than unemployment benefits can limit generosity during …

In this paper, I show that the decline in household consumption during unemployment spells depends on both liquid and … illiquid asset positions. I also provide evidence that unemployment spells predict the withdrawal of illiquid assets …, particularly when households have few liquid assets. Motivated by these findings, I embed endogenous unemployment risk in a two …

application of mandatory lockdowns contributed to a sharp fall in production and a rise in unemployment, inducing an expansionary …

application of mandatory lockdowns contributed to a sharp fall in production and a rise in unemployment, inducing an expansionary …

I met Franco Modigliani in 1948. We had common interests in three fields of economic theory--Keynes and unemployment …. Recently Modigliani promoted a "Manifesto on Unemployment in the European Union", written by six economists, including myself …

I met Franco Modigliani in 1948. We had common interests in three fields of economic theory--Keynes and unemployment …. Recently Modigliani promoted a "Manifesto on Unemployment in the European Union", written by six economists, including myself …