Tyler Smith
Economic theory suggests that unemployment benefits incentivize people to stay unemployed. But in a paper in the American Economic Review, authors Peter Ganong, Fiona Greig, Pascal Noel, Daniel M. Sullivan, and Joseph Vavra show that temporary unemployment insurance (UI) supplements provided during the largest increase to UI benefits in US history had little impact on job finding.
During the COVID-19 pandemic, the federal government added $300–$600 per week on top of regular UI benefits. This temporary increase was so large that most recipients received more income from unemployment than they had from their prior jobs.
Πηγή: www.aeaweb.org