000			01166nam a22001457a 4500
999			_c518410 _d518410
008			210922b ||||| |||| 00| 0 eng d
100			_aBoone, C. et al _929437
245			_aUnemployment insurance generosity and aggregate employment
260			_aAmerican Economic Journal: Economic Policy
300			_a13(2). May, 2021: p.58-99
520			_aThis paper examines the impact of unemployment insurance (UI ) on aggregate employment by exploiting cross-state variation in the maximum benefit duration during the Great Recession. Comparing adjacent counties located in neighboring states, there is no statistically significant impact of increasing UI generosity on aggregate employment. Point estimates are uniformly small in magnitude, and the most precise estimates rule out employment-to-population ratio reductions in excess of 0.35 percentage points from the UI extension. The results contrast with the negative effects implied by most micro-level labor supply studies and are consistent with both job rationing and aggregate demand channels. – Reproduced
773			_aAmerican Economic Journal: Economic Policy
906			_aEMPLOYMENT
942			_cAR