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) impacts of a 10-percentage point increase in the Unemployment Insurance (UI) replacement rate on the expected duration of … unemployment; and (b) impacts of adding 1 week to the potential duration of UI benefits on the expected duration of unemployment … duration of unemployment by .3 to 1.1 week (a range consistent with, but only somewhat narrower than, the existing range of …
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We investigate the design of an optimal Unemployment Insurance program using an equilibrium search and matching model …
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