Interaction of maximum unemployment benefit levels with employment status and educational level, Health and Retirement Survey, ages 50 to 65.

All models control for age, gender, educational attainment, race, ethnicity, parental educational attainment, and marital status; model 2 additionally controls for census regional division (Midwest, Northeast, South, West), while model 3 incorporates state fixed effects, and model 4 additionally includes state-level GDP, proportion of high school graduates, and unemployment rate between age 30–64.