In the US, workers must satisfy two requirements to receive unemployment insurance (UI): a tenure requirement of minimum work spell and monetary past earnings. Using discontinuity UI rules at state borders, we find that decreases number employers share part-time workers, while has opposite effect. quantitative model, induces stay longer in because low-paying jobs are not covered by UI. Since it...

We investigate the design of an optimal Unemployment Insurance program using an equilibrium search and matching model calibrated using data from the reemployment bonus experiments and secondary sources. We examine (a) the optimal potential duration of UI benefits, (b) the optimal UI replacement rate when the potential duration of benefits is optimal, and (c) the optimal UI replacement rate when...

This paper investigates the impact of the macroeconomy on the health insurance coverage of Americans using panel data from the Survey of Income and Program Participation for 2004-2010, a period that includes the Great Recession of 2007-2009. We find that a one percentage point increase in the state unemployment rate is associated with a 1.67 percentage point (2.12%) reduction in the probability...

Using an efficiency-wage model, we examine the relationship between indeterminacy and unemployment insurance. It is shown that the less unemployment insurance is, the more likely equilibrium is to be indeterminate. Equilibrium can be indeterminate even without externalities or increasing returns, which makes a sharp contrast to the recent literature on indeterminacy. Our result is based on the ...

Abstract How should policymakers respond to the risk of technological unemployment that automation brings? First, I develop a procedure for answering this question consults, rather than usurps, individuals’ own attitudes and ambitions towards risk. call insurance argument . A distinctive virtue view is it dispenses with need appeal class controversial reasons about value employment, so consiste...