Mar 15, 2016

Did Ending Unemployment Insurance Extensions Really Create 1.8 Million Jobs? - Roosevelt Institute

According to a new study by Marcus Hagedorn, Iourii Manovskii and Kurt Mitman (HMM), Congress failing to reauthorized the extension of unemployment insurance (UI) resulted in 1.8 million additional people getting jobs. But wait, how does that happen when only 1.3 million people had their benefits expire? The answer is by going off the normal path of these arguments in models, techniques and...

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