Data and Code for: Unemployment Insurance Generosity and Aggregate Employment

Principal Investigator(s):  View help for Principal Investigator(s) Christopher Boone, University of Massachusetts-Amherst; Arindrajit Dube, University of Massachusetts-Amherst; Lucas Goodman, Office of Tax Analysis, U.S. Treasury Department; Ethan Kaplan, University of Maryland at College Park

Version:  View help for Version V1

Name File Type Size Last Modified
  codeSTATA 06/14/2020 10:35:PM
  dataGEO 03/27/2020 11:20:PM
  dataRAW 03/27/2020 11:15:PM
  dataSTATA 03/27/2020 11:22:PM
  figures_tables 03/27/2020 11:15:PM
  outLOG 03/27/2020 11:15:PM
README.pdf application/pdf 212.3 KB 08/06/2020 10:37:AM
figures_and_tables.pdf application/pdf 2.8 MB 03/27/2020 07:47:PM
figures_and_tables.tex application/x-tex 48.2 KB 06/14/2020 06:36:PM

Project Citation: 

Boone, Christopher, Dube, Arindrajit, Goodman, Lucas, and Kaplan, Ethan. Data and Code for: Unemployment Insurance Generosity and Aggregate Employment. Nashville, TN: American Economic Association [publisher], 2021. Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 2021-04-07. https://doi.org/10.3886/E118525V1

Project Description

Summary:  View help for Summary This 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.
Funding Sources:  View help for Funding Sources Institute for New Economic Thinking; Washington Center for Equitable Growth

Scope of Project

Subject Terms:  View help for Subject Terms unemployment insurance; unemployment
JEL Classification:  View help for JEL Classification
      E24 Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
      J65 Unemployment Insurance; Severance Pay; Plant Closings
Geographic Coverage:  View help for Geographic Coverage United States
Time Period(s):  View help for Time Period(s) 2007 – 2014


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V1 [2021-04-07]

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