Discretionary Extensions to Unemployment Insurance Compensation and Some Potential Costs for a McCall Worker

Unemployment insurance provides temporary cash benefits to eligible unemployed workers. Benefits are sometimes extended by discretion during economic slumps. In a model that features temporary benefits and sequential job opportunities, a worker’s reservation wages are studied when policymakers can m...

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Bibliographic Details
Main Author: Rich Ryan
Format: Article
Language:English
Published: MDPI AG 2023-09-01
Series:Risks
Subjects:
Online Access:https://www.mdpi.com/2227-9091/11/10/171