The Effect of Extended Unemployment Insurance Benefits: Evidence from the 2012–2013 Phase-Out
利用2008-2014年匹配的当前人口调查数据，研究了失业保险福利延长对失业者退出失业的影响，发现福利对找到工作几乎没有影响，但减少了退出劳动力市场的行为，福利取消使2014年初劳动参与率下降约0.1个百分点。
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.