Econometric study finds that UI benefits extensions caused increased in unemployment rates during great recession

Authors find that the “persistent increase in unemployment during the Great Recession can be accounted for by the unprecedented extensions of unemployment benefit eligibility”

http://www.philadelphiafed.org/research-and-data/events/2013/macroeconomics-across-time-and-space/papers/Manovskii0501.pdf

Authors:

 

Marcus Hagedorny
Fatih Karahanz
Iourii Manovskiix
Kurt Mitman

 

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Dwight Steward, Ph.D.

Dr. Steward regularly writes and speaks on topics involving business and individual economic damages, employment audits, and the analysis of payroll and time data in wage and hour investigations. Dr. Steward has also held teaching positions at The University of Texas-Austin in the Department of Economics and in the Red McCombs School of Business, The College of Business at Sam Houston State University, and at The University of Iowa. He has taught numerous courses in statistics, corporate finance, labor economics, business policies, managerial economics, and microeconomics.