Data and Code for: Early Withdrawal of Pandemic Unemployment Insurance: Effects on Employment and Earnings
收藏ICPSR2022-01-01 更新2026-04-16 收录
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资源简介：
We examine the effects of the sudden withdrawal of expanded pandemic unemployment benefits in June 2021 using anonymized bank transaction data for 16,253 individuals receiving UI in April 2021. Comparing the difference in differences between states withdrawing and retaining expanded UI, we find that UI receipt falls 36.3 p.p. while employment rises by only 6.8 p.p. by early September. Average cumulative UI benefits fall by $2,529 while average cumulative earnings increase by only $292. Heterogeneity by unemployment duration implies that these effects are primarily driven by extensive margin expiration of benefits, rather than intensive margin reductions in the benefit level.
提供机构：
Columbia University; University of Massachusetts-Amherst; Harvard University; University of Toronto
创建时间：
2022-01-01
