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Reducing the duration of unemployment benefits as arecession progresses can speed economic recovery

Rabinovich, Stanislav and Mitman, Kurt (2015) Reducing the duration of unemployment benefits as arecession progresses can speed economic recovery. USApp– American Politics and Policy Blog (29 Jun 2015). Website.

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Abstract

In the aftermath of the Great Recession, millions of Americans received extensions to their unemployment benefits – in some cases extending them to 99 weeks. At the end of 2013, these extended benefits expired, leading many to call on Congress to reauthorize their extension. But does extending unemployment benefits make sound economic sense? In new research, Stanislav Rabinovich and Kurt Mitman argue that the government was correct to rein in the duration of benefits. They write that reducing the duration of benefits helps the unemployed to find jobs faster, and leads to much less volatile unemployment.

Item Type: Online resource (Website)
Official URL: http://blogs.lse.ac.uk/usappblog/
Additional Information: © 2015 The Authors, USApp – American Politics and Policy Blog, The London School of Economics and Political Science.
Divisions: LSE
Subjects: H Social Sciences > HC Economic History and Conditions
H Social Sciences > HD Industries. Land use. Labor
H Social Sciences > HN Social history and conditions. Social problems. Social reform
H Social Sciences > HV Social pathology. Social and public welfare. Criminology
Date Deposited: 10 Jul 2015 15:55
Last Modified: 10 Nov 2021 00:20
URI: http://eprints.lse.ac.uk/id/eprint/62682

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