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Smith, Daniel L.; Wenger, Jeffrey B. – Journal of Policy Analysis and Management, 2013
This paper employs panel estimators with data on the 50 American states for the years 1963 to 2006 to test the relationship between Unemployment Insurance (UI) trust fund solvency and UI benefit generosity. We find that both average and maximum weekly UI benefit amounts, as ratios to the average weekly wage, are higher in states and in years with…
Descriptors: Unemployment, Insurance, State Surveys, Policy Analysis