The generosity of Unemployment Insurance (UI) benefits was expanded during the pandemic (FPUC), along with the groups … it was, had all states ended FPUC and PUA in June. Expanded eligibility and generosity of UI may have both slowed … percent. The welfare implications of the early termination of FPUC and PUA are therefore ambiguous. …

The CARES Act implemented in response to the COVID-19 crisis dramatically increases the generosity of unemployment … insurance (UI) benefits, triggering concerns about its substantial impact on unemployment. This paper combines a labor market … search-matching model with the SIR-type infection dynamics to study the effects of CARES UI on both unemployment and …

week in unemployment insurance (UI) benefit payments from late March through July 2020. This unprecedented increase in UI …