| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w28470 |
| 来源ID | Working Paper 28470 |
| Aggregate Employment Effects of Unemployment Benefits During Deep Downturns: Evidence from the Expiration of the Federal Pandemic Unemployment Compensation | |
| Arindrajit Dube | |
| 发表日期 | 2021-02-15 |
| 出版年 | 2021 |
| 语种 | 英语 |
| 摘要 | The expiration of the temporary $600 boost to weekly UI benefits under the Federal Pandemic Unemployment Compensation (FPUC) led to a sharp, unprecedented, 98 percentage point reduction (on average) in the replacement rate during a time when employment was recovering during the Covid recession. Leveraging the considerable variation in this drop across states, I use a difference-in-differences event study design to estimate the macro employment effects. I find little impact of job gains from the benefit reduction, especially when I focus on groups (non-college graduates, and those from non-high-income households) that comprise of most UI recipients. The estimates rule out job gains implied by much of the micro UI duration elasticities from the existing literature. |
| 主题 | Macroeconomics ; Consumption and Investment ; Fiscal Policy ; COVID-19 |
| URL | https://www.nber.org/papers/w28470 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/586143 |
| 推荐引用方式 GB/T 7714 | Arindrajit Dube. Aggregate Employment Effects of Unemployment Benefits During Deep Downturns: Evidence from the Expiration of the Federal Pandemic Unemployment Compensation. 2021. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w28470.pdf（694KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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