26 February 2013 12:45 - 14:00

SAL 1.04, 1st Floor Conference Room, Sir Arthur Lewis Building, LSE, 32 Lincoln's Inn Fields, London WC2A 3PH

About this event

The 2007-2009 U.S. recession led to large increases in the potential duration of unemployment benefits (PBD), which could decrease job search effort. I measure search effort by job applications on the popular website Careerbuilder.com. Using an event study and nonlinearities in the relationship between PBD and the unemployment rate, I find that a one-week increase in PBD decreases state-level applications by 0.4%, implying that benefit extensions led to a 29% decline in applications for the median state. I find no consistent evidence for greater jobseeker selectivity about jobs. This implies that PBD increases unemployment chiefly through decreased job search effort.

Participants are expected to adhere to the CEP Events Code of Conduct.

Directions

This event will take place in SAL 1.04, 1st Floor Conference Room, Sir Arthur Lewis Building, LSE, 32 Lincoln's Inn Fields, London WC2A 3PH.

The building is labelled SAL on the LSE campus map. You can also find us on Google Maps. For further information, go to contact us.

Labour and Education seminars are part of the CEP's Labour Markets programme.