De Souza, Gustavo; Luduvice, André Victor Doherty - 2022
In the US, workers must satisfy two requirements to receive unemployment insurance (UI): a tenure requirement of a … minimum work spell and a monetary requirement of a past minimum earnings. Using discontinuity of UI rules at state borders, we … paying jobs are not covered by UI. Since it mitigates moral hazard, the optimal UI design has a high monetary requirement. …