job search

Unemployment Insurance and Job Search Behavior

Unemployment insurance (UI) helps workers smooth their consumption at job loss but can also affect their job search behavior due to moral hazard. We shed light on the effect of UI on job search behavior using new longitudinal data: we track job …

Job Search, Job Posting and Unemployment Insurance During the COVID-19 Crisis

During the COVID-19 pandemic, many businesses had to close and unemployment skyrocketed. To help the unemployed, the CARES Act increased US unemployment benefits by $600 a week, which increased unemployment benefit replacement rates (benefit/wage) to …

The general equilibrium impacts of unemployment insurance: Evidence from a large online job board

During the Great Recession, U.S. unemployment benefits were extended by up to 73 weeks. Theory predicts that extensions increase unemployment by discouraging job search, a partial equilibrium effect. Using data from the large job board …