Fed Working Paper: Pandemic unemployment benefits protect incomes, helped reduce inequality, with limited work disincentives
Fed Working Paper: Pandemic unemployment benefits protect incomes, helped reduce inequality, with limited work disincentives
www.population.news Fed Working Paper: Pandemic unemployment benefits protect incomes, helped reduce inequality, with limited work disincentives
A new working paper from the Federal Reserve Bank of San Francisco finds that the historically unprecedented expansion of unemployment insurance (UI) benefits in the U.S. during the COVID-19 pandemic offset rising income inequality with only moderate impacts on job search behavior.
