During the Covid-19 pandemic, unemployment insurance (UI) benefits have taken on an unprecedented role in the United … Recession peak. This is due to two factors: first, the high unemployment rate, which reached 14.7 percent in April 2020; and … aggregate spending of the employed was down by 10 percent, the spending of unemployment benefit recipients increased by 10 …

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 …

In mid-2021, 26 states halted participation in all or some federal emergency unemployment benefits (EUB) programs …

The CARES Act implemented in response to the COVID-19 crisis dramatically increases the generosity of unemployment … insurance (UI) benefits, triggering concerns about its substantial impact on unemployment. This paper combines a labor market … search-matching model with the SIR-type infection dynamics to study the effects of CARES UI on both unemployment and …

-state unemployment in an event study framework. Exploiting the differential timing of the introduction of restaurant and bar limitations …, we analyze how Google searches for claiming unemployment insurance varied from day to day and across states. We describe … outcome of interest are limited. Using this method, we quantify the share of overall growth in unemployment during the COVID …

How should unemployment benefits vary in response to the economic crisis induced by the COVID-19 pandemic? We answer … this question by computing the optimal unemployment insurance response to the COVID-induced recession.We compare the … optimal policy to the provisions under the CARES Act-which substantially expanded unemployment insurance and sparked an …

The CARES Act implemented in response to the COVID-19 crisis dramatically increases the generosity of unemployment … insurance (UI) benefits, triggering concerns about its substantial impact on unemployment. This paper combines a labor market … search-matching model with the SIR-type infection dynamics to study the effects of CARES UI on both unemployment and …

, triggering concerns about its substantial impact on unemployment. This paper combines a labor market search-matching model with … the SIR-type infection dynamics to study the effects of CARES UI on both unemployment and infection. More generous UI … policies create work disincentives and lead to higher unemployment, but also reduce infection and save lives. Economic shutdown …

week in unemployment insurance (UI) benefit payments from late March through July 2020. This unprecedented increase in UI …

We investigate the optimal response of unemployment insurance to economic shocks, both with and without commitment. The … transitory increase in UI is optimal; and that a policy rule contingent on the change in unemployment, rather than its level, is …