We examine how a 16-week cut in potential unemployment insurance (UI) duration in Missouri affected search behavior of … estimates to simulate the unemployment rate assuming no market-level externalities. The simulated response, which implies almost … a one percentage point decline in the unemployment rate, closely approximates the estimated change in the unemployment …

The job guarantee is a viable policy option for tackling both unemployment and underemployment. Hyman P. Minsky was one …

Germany and the United States pursued different economic strategies to minimise the impact of the Coronavirus Crisis on … mainly driven via STW. US unemployment rose at an unprecedented rate, but unlike in previous recessions, it was mostly driven …

: the program increased the wage sum in the treated firms and decreased the risk of unemployment. On the other hand, the …

labor demand. Tightening eligibility to short-time work benefits tends to reduce the wage while the impact on unemployment …

(market-level effect) to changes in the duration of unemployment insurance (UI) benefits. To implement this approach, we …

(market-level effect) to changes in the duration of unemployment insurance (UI) benefits. To implement this approach, we …

We study unemployment insurance in a framework where the main source of heterogeneity among agents is the type of … aggregate wealth moments. Our central finding is that changes to the current unemployment insurance program are valued … differently by married and single households. In particular, a more generous unemployment insurance reduces the welfare of married …

All developed economies have unemployment benefit programs to protect workers against major income losses during spells … of unemployment. By enabling unemployed workers to meet basic consumption needs, the programs protect workers from having … recessions. If benefits are too generous, however, the programs can lengthen unemployment and raise the unemployment rate. The …