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...
America's recovery from the pandemic recession could last through the better part of the next decade, according to the Congressional Budget Office's 10-year forecast published Thursday.
Ioana MarinescuUnemployment rate won't recover for the next decade, @USCBO project. And It will take until 2028 until GDP will grow in line with long-term trend growth again. This is just what I thought based on how bad this is compared to last recession. buff.ly/2AqvdZr@AnnekenTappe
Unemployed Californians can now get up to 59 weeks of regular state jobless benefits or 46 weeks of pandemic unemployment assistance. Meanwhile, thousands are still waiting for their first week of benefits.
Comment prouver le racisme qui motive une discrimination sur le marché du travail ? Entre théorie de la concurrence et multiplicité des causes, il est difficile d’en faire la démonstration malgré les inégalités constatées.
We urge policymakers to use all the tools at their disposal to avoid further preventable harm to people and the economy including recurring direct stimulus payments, lasting until the economy recovers. The widespread uncertainty created by the...
Ioana MarinescuI’ve signed on to an open letter from economists across the country showing the widespread support for recurring direct stimulus payments with an automatic trigger – among many other tools, including extended unemployment. You can sign here: buff.ly/310r9tE #BasicIncome pic.twitter.com/uC6zFD1TBq
The Trump administration doesn't want to extend a federal enhancement to unemployment benefits, which is scheduled to end July 31, according to a senior aide. Instead, it wants to offer a cash bonus for those who return to work.
'We will absolutely need more life support when this runs out.'
Ioana MarinescuAmericans Want a Second Stimulus Check to Support the Economy. So What's the Holdup? @superjulia reports, including on my new unemployment insurance proposal buff.ly/2V2Tpsb #basicincome
This paper uses transaction data from a large bank in Scandinavia to estimate
the effect of social distancing laws on consumer spending in the COVID-19
pandemic. The analysis exploits a natural experiment to disentangle the effects
of the virus and...
Ioana MarinescuSorry I pasted the wrong link for the paper on Sweden and Denmark, here it is