The Great Recession and the years that followed witnessed a dramatic expansion in the duration of unemployment insurance (UI) benefits available to unemployed workers in the United States. An important motivation for this policy was to stimulate demand by transferring funds to households that...

Prior research suggests that the benefits from smaller classes may vary along multiple dimensions. In this paper we develop a flexible model of education production that incorporates the classroom-level time lost to disruption and the rate of learning during productive time as a function of...