Whether, when and how to extend unemployment benefits: Theory and application to COVID-19()

We investigate the optimal response of unemployment insurance to economic shocks, both with and without commitment. The optimal policy with commitment follows a modified Baily-Chetty formula that accounts for job search responses to future UI benefit changes. As a result, the optimal policy with com...

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Detalles Bibliográficos
Autores principales: Mitman, Kurt, Rabinovich, Stanislav
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Elsevier B.V. 2021
Materias:
Article
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8677353/
https://www.ncbi.nlm.nih.gov/pubmed/34934254
http://dx.doi.org/10.1016/j.jpubeco.2021.104447

Internet

https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8677353/
https://www.ncbi.nlm.nih.gov/pubmed/34934254
http://dx.doi.org/10.1016/j.jpubeco.2021.104447

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