We model a reinsurance mechanism for the national unemployment insurance programs of euro area member states. The risk …-sharing scheme we analyze is designed to smooth country-level unemployment risk and expenditures around each country's median level … of the euro area member states' unemployment expenditures risk in the aftermath of the 2009 sovereign debt crisis if …

large reforms of unemployment insurance (UI) benefit levels in Austria. We document that wages are insensitive to UI benefit … sensitivities larger than $0.03. The insensitivity holds even among workers with low wages and high predicted unemployment duration …

We design and field an innovative survey of unemployment insurance (UI) recipients that yields new insights about wage … efficient separations that holds in leading theories of job separations, frictional unemployment, and job ladders. We draw on …

We show that the largest increase in unemployment benefits in U.S. history had large spending impacts and small job …

unemployment benefits on the duration of joblessness in Austria, and discuss implementation issues that may arise in similar …

By how much does an extension of unemployment benefits affect macroeconomic outcomes such as unemployment? Answering … this question is challenging because U.S. law extends benefits for states experiencing high unemployment. We use data … and find that they increased the unemployment rate by at most 0.3 percentage point …

This paper studies the implications of individuals' knowledge of future job loss for the existence of an unemployment …

unemployment insurance (UI). This policy reform improved job information and sharpened bureaucratic incentives to find jobs for the … unemployment outflows. This is consistent with a model where information helps both groups, but bureaucrats were given incentives …

We measure the aggregate effect of unemployment benefit duration on employment and the labor force. We exploit the …