Suppose that the government makes it more difficult to qualify for unemployment insurance, for example, by increasing

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Suppose that the government makes it more difficult to qualify for unemployment insurance, for example, by increasing the duration of employment required before collecting UI benefits during an unemployment spell. Determine the effects of this change in government policy on the reservation wage and the long-run unemployment rate in the one-sided search model of unemployment.

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Macroeconomics

ISBN: 978-0134472119

6th Edition

Authors: Stephen D. Williamson

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