Unemployment Compensation During the Great Recession: Theory and Evidence

Walter Nicholson, Karen Needels and Heinrich Hock

National Tax Journal, 2014, vol. 67, issue 1, 187-218

Abstract: The extreme labor market weakness during and after the Great Recession led to the passage of extensive federal legislation related to unemployment compensation. In this paper, we summarize that legislation and some of the research related to it. Although our particular focus is on the very long potential durations of benefits (up to 99 weeks) initially implemented in 2008–2009, we also look at a variety of other initiatives. Most of the research we review comes from the United States. But we also provide a brief look at the vast European literature that addresses many of the same policy issues.

Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:ntj:journl:v:67:y:2014:i:1:p:187-218

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