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"Nearly two years after the official end of the "Great Recession," the labor market remains historically weak. One candidate explanation is supply-side effects driven by dramatic expansions of Unemployment Insurance (UI) benefit durations, to as many as 99 weeks. This paper investigates the...
Persistent link: https://www.econbiz.de/10009373908
Persistent link: https://www.econbiz.de/10009659897
Nearly two years after the official end of the "Great Recession," the labor market remains historically weak. One candidate explanation is supply-side effects driven by dramatic expansions of Unemployment Insurance (UI) benefit durations, to as many as 99 weeks. This paper investigates the...
Persistent link: https://www.econbiz.de/10012461124
Many Unemployment Insurance (UI) recipients do not find new jobs before exhausting their benefits, even when benefits are extended during recessions. Using SIPP panel data covering the 2001 and 2007-09 recessions and their aftermaths, we identify individuals whose jobless spells outlasted their...
Persistent link: https://www.econbiz.de/10012953974
Nearly two years after the official end of the "Great Recession," the labor market remains historically weak. One candidate explanation is supply-side effects driven by dramatic expansions of Unemployment Insurance (UI) benefit durations, to as many as 99 weeks. This paper investigates the...
Persistent link: https://www.econbiz.de/10013119336
Disability insurance (DI) applications and awards are countercyclical. One potential explanation is that unemployed individuals who exhaust their Unemployment Insurance (UI) benefits use DI as a form of extended benefits. We exploit the haphazard pattern of UI benefit extensions in the Great...
Persistent link: https://www.econbiz.de/10013072574
Persistent link: https://www.econbiz.de/10010256278
Despite unprecedented extensions of available unemployment insurance (UI) benefits during the "Great Recession" of 2007-09 and its aftermath, large numbers of recipients exhausted their maximum available UI benefits prior to finding new jobs. Using SIPP panel data and an event-study regression...
Persistent link: https://www.econbiz.de/10010257600
Persistent link: https://www.econbiz.de/10010225064
Persistent link: https://www.econbiz.de/10010465423