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The welfare cost of imperfect competition in the product and labor market as well as distortionary taxation is quantified in a dynamic general equilibrium model parameterized to fit the U.S. economy. We find that the welfare cost of imperfect competition in the product market is 35.74 percent...
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empirical studies have largely focused on measuring the gains from an increased variety of imports. Trade theory, however …
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We exploit a policy discontinuity at U.S. state borders to identify the effects of unemployment insurance policies on … unemployment. Our estimates imply that most of the persistent increase in unemployment during the Great Recession can be accounted … for by the unprecedented extensions of unemployment benefit eligibility. In contrast to the existing recent literature …
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Recent efforts to expand unemployment insurance (UI) eligibility are expected to increase low-earning workers' access …
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We present experimental evidence on the effects of four U.S. reemployment programs for youth Unemployment Insurance (UI …
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