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Keywords:Unemployment insurance 

Journal Article
Commentary on The recession of 2001 and unemployment insurance financing

Proceedings of a Conference Cosponsored by the Canadian Consulate General in New York, the Centre for the Study of Living Standards, the Federal Reserve Bank of New York, and the New York Association for Business Economics.
Economic Policy Review , Issue Aug , Pages 81-84

Unemployment in Canada and the U.S.: lessons from the 1980's

Research Paper , Paper 8911

Journal Article
Labor force participation and unemployment insurance--a time series study

Economic Review , Issue Spr , Pages 35-45

Working Paper
Does Unemployment Risk Affect Business Cycle Dynamics?

In this paper, I show that the decline in household consumption during unemployment spells depends on both liquid and illiquid asset positions. I also provide evidence that unemployment spells predict the withdrawal of illiquid assets, particularly when households have few liquid assets. Motivated by these findings, I embed endogenous unemployment risk in a two-asset heterogeneous-agent New Keynesian model. The model is consistent with the above evidence and provides a new propagation mechanism for aggregate shocks due to a flight-to-liquidity that occurs when unemployment risk rises. This ...
International Finance Discussion Papers , Paper 1298

Journal Article
Unemployment insurance: an old lesson for the new federalism?

An examination of America's unemployment insurance system, covering its origin and financing, its solvency problems, and the potential effects of the Omnibus Budget Reconciliation Act of 1981 as an example of what might be expected from defederalizing government programs.
Economic Commentary , Issue Apr

Journal Article
Unemployment insurance programs: a new look for the Eighties?

Business Review , Issue Jul , Pages 19-26

Working Paper
Unemployment insurance and the uninsured

Under federal-state law workers who quit a job are not entitled to receive unemployment insurance benefits. To show how the existence of the uninsured affects wages and employment, I extend an equilibrium search model to account for two types of unemployed workers: those who are currently receiving unemployment benefits and for whom an increase in unemployment benefits reduces the incentive to work, and those who are currently not insured. For these, work provides an added value in the form of future eligibility, and an increase in unemployment benefits increases their willingness to work. ...
Working Paper Series , Paper 2006-48

Working Paper
Unemployment insurance: a state economic development perspective

Working Paper Series, Regional Economic Issues , Paper 1989/2

Working Paper
Reconciling Unemployment Claims with Job Losses in the First Months of the COVID-19 Crisis

In the spring of 2020, many observers relied heavily on weekly initial claims for unemployment insurance benefits (UI) to estimate contemporaneous reductions in US employment induced by the COVID-19 pandemic. Though UI claims provided a timely, high-frequency window into mounting layoffs, the cumulative volume of initial claims filed through the May reference week substantially exceeded realized reductions in payroll employment and likely contributed to the historically large discrepancy between consensus expectations of further April-to-May job losses and the strong job gains reflected in ...
Finance and Economics Discussion Series , Paper 2020-055

A decomposition of shifts of the Beveridge curve

The apparent outward shift of the Beveridge curve?the empirical relationship between job openings and unemployment?has received much attention among economists and policymakers in the recent years with many analyses pointing to extended unemployment benefits as a reason behind the shift. However, other explanations have also been proposed for this shift, including worsening structural unemployment. ; If the increased availability of unemployment insurance (UI) benefits to the long-term unemployed is responsible for the shift in the Beveridge curve, then allowing these benefits to expire ...
Public Policy Brief



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Fuller, David L. 4 items

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