Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/107573
Authors: 
Farber, Henry
Rothstein, Jesse
Valletta, Robert G.
Year of Publication: 
2015
Series/Report no.: 
IZA Discussion Papers 8784
Abstract: 
Unemployment Insurance benefit durations were extended during the Great Recession, reaching 99 weeks for most recipients. The extensions were rolled back and eventually terminated by the end of 2013. Using matched CPS data from 2008-2014, we estimate the effect of extended benefits on unemployment exits separately during the earlier period of benefit expansion and the later period of rollback. In both periods, we find little or no effect on job-finding but a reduction in labor force exits due to benefit availability. We estimate that the rollbacks reduced the labor force participation rate by about 0.1 percentage point in early 2014.
Subjects: 
extended unemployment benefits
job search
labor force
JEL: 
J64
J65
Document Type: 
Working Paper

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