In response to the COVID-19 pandemic, Congress expanded unemployment insurance (UI) benefits in three ways. First, it … are eligible to receive UI via the Pandemic Unemployment Assistance (PUA) program. Third, it extended the duration of …

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

predictions of the model change very little, but the welfare costs of unemployment are much larger because unemployment risk is … distributed unequally across workers. As a result, optimal unemployment insurance may be higher and welfare is lower if hiring is …

predictions of the model change very little, but the welfare costs of unemployment are much larger because unemployment risk is … distributed unequally across workers. As a result, optimal unemployment insurance may be higher and welfare is lower if hiring is …

unemployment policies. In our model, firms face a pool of applicants and observe unemployment duration and a signal about … recent evidence from audit studies. Optimal policy takes into account that unemployment benefits can affect hiring … probabilities by making unemployment duration more or less informative and by changing the applications-per-vacancy ratio due to …

policy mix of unemployment insurance agencies. We analyze unique data on three sources of information on the probability of … re-employment within 6 months (RE6), for the same individuals sampled from the inflow into unemployment. First, they were …

the same individuals sampled from the inflow into unemployment. First, they were asked for their perceived probability of …