Previous research on unemployment insurance (UI) has focused on the costs of the
program, in terms of the distorting effects of generous UI benefits on worker and firm …

The main stated purposes of social insurance programs have been the maintenance of
consumption by people suffering from misfortunes, and the stabilization of employment …

We use a Canadian survey of the unemployed to examine how household expenditures
after a job loss respond to the level of income replacement provided by UI. We isolate a …

We study how the marginal welfare gain from increasing the unemployment insurance (UI)
benefit level varies over the business cycle. We do this by estimating how the moral hazard …

The primary purpose of unemployment insurance (UI) is no doubt to insure individuals
against loss of wage income. However, UI is commonly believed to adversely affect job …

Models of precautionary saving imply that households will hold more assets when faced with
greater income uncertainty. However, previous empirical studies of income uncertainty have …

Using de-identified bank account data, we show that spending drops sharply at the large
and predictable decrease in income arising from the exhaustion of unemployment insurance …

This paper examines the impact of unemployment insurance (UI) on aggregate employment
by exploiting cross-state variation in the maximum benefit duration during the Great …

Recent debate over potential methods to reduce the unemployment rate has. stressed the
impact of the unemployment insurance (UI) system, arguing that liberal benefit levels tend to …

In 1911, Britain introduced the first publically financed and administered unemployment
insurance system. This legislative event signalled a trend in Western economies, with …