Unemployment

Unemployment Insurance and Job Search Behavior

Unemployment insurance (UI) helps workers smooth their consumption at job loss but can also affect their job search behavior due to moral hazard. We shed light on the effect of UI on job search behavior using new longitudinal data: we track job …

Mismatch Unemployment and the Geography of Job Search

Could we significantly reduce US unemployment by helping job seekers move closer to jobs? Using data from the leading employment board CareerBuilder.com, we show that, indeed, workers dislike applying to distant jobs: job seekers are 35 percent less …