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, 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 infection. More generous UI … policies create work disincentives and lead to higher unemployment, but also reduce infection and save lives. Economic shutdown …
Persistent link: https://www.econbiz.de/10012825732
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 …
Persistent link: https://www.econbiz.de/10013232677
We examine employment effects of the COVID-19 crisis in Norway during the initial lockdown, through the subsequent recovery, and after the dust had settled. While we identify large and socially skewed effects of the crisis through its early phases, we find no long-term effects on employees...
Persistent link: https://www.econbiz.de/10014353798
rich individual-level data from the quarterly Labor Force Surveys. We find that the lockdown increases the unemployment …
Persistent link: https://www.econbiz.de/10012389086
rich individual-level data from the quarterly Labor Force Surveys. We find that the lockdown increases the unemployment …
Persistent link: https://www.econbiz.de/10012391350
We examine employment effects of the COVID-19 crisis in Norway during the initial lockdown, through the subsequent recovery, and after the dust had settled. While we identify large and socially skewed effects of the crisis through its early phases, we find no long-term effects on employees...
Persistent link: https://www.econbiz.de/10014310234
rich individual-level data from the quarterly Labor Force Surveys. We find that the lockdown increases the unemployment …
Persistent link: https://www.econbiz.de/10013314778
provoked if a single country reduces the generosity of the unemployment compensation system or weakens labor union power. For … degree of competition in the goods market and the institutional setup of the unemployment compensation system. Furthermore …
Persistent link: https://www.econbiz.de/10011404156
on their interactions with the profile of unemployment benefits and with active labor market programs. …
Persistent link: https://www.econbiz.de/10010276998
We exploit a policy discontinuity at U.S. state borders to identify the effects of unemployment insurance policies on … unemployment. Our estimates imply that most of the persistent increase in unemployment during the Great Recession can be accounted … for by the unprecedented extensions of unemployment benefit eligibility. In contrast to the existing recent literature …
Persistent link: https://www.econbiz.de/10010333564