We study optimal unemployment insurance (UI) policy over the business cycle, using a heterogeneous agent job …

The effect of generous unemployment benefits on the propensity of individuals to stay on unemployment was hotly debated … during the COVID pandemic. This paper examines the impact of the Federal Pandemic Unemployment Compensation (FPUC) using rich … response from men. The baseline odds of exiting versus staying on unemployment rolls (holding all else constant) for females is …

sanctions on the unemployment duration and the quality of job matches, in conjunction with the possibility to report sick. We …Unemployment insurance agencies may combat moral hazard by punishing refusals to apply to assigned vacancies. However … estimate multi-spell duration models with selection on unobserved characteristics. We find that a vacancy referral increases …

sanctions on the unemployment duration and the quality of job matches, in conjunction with the possibility to report sick. We …Unemployment insurance agencies may combat moral hazard by punishing refusals to apply to assigned vacancies. However … estimate multi-spell duration models with selection on unobserved characteristics. We find that a vacancy referral increases …

sanctions on the unemployment duration and the quality of job matches, in conjunction with the possibility to report sick. We …Unemployment insurance agencies may combat moral hazard by punishing refusals to apply to assigned vacancies. However … estimate multi-spell duration models with selection on unobserved characteristics. We find that a vacancy referral increases …

unemployment duration and the quality of job matches, in conjunction with the possibility to report sick. We estimate multispell …Unemployment insurance agencies may combat moral hazard by punishing refusals to apply to assigned vacancies. However … search behavior do not apply. This reduces the ex ante threat of sanctions. Based on a large inflow sample into unemployment …

We show in a union-bargaining model that a decrease in the unemployment benefit level increases not only equilibrium …-term wage contracts lead to highter expected real wages and hence higher expected unemployment than short-term contracts …

We show in a union-bargaining model that a decrease in the unemployment benefit level increases not only equilibrium …-term wage contracts lead to higher expected real wages and, hence, higher expected unemployment than short-term contracts …

, unemployment remained high. In this paper, we show that countercyclical unemployment benefit extensions lead to jobless recoveries …. We augment the standard Mortensen-Pissarides model to incorporate unemployment benefits expiration and state …-dependent extensions of unemployment benefits. In the model, an extension of unemployment benefits slows down the recovery of vacancy …