Question
read the following NY Times article https://www.nytimes.com/2021/08/20/business/economy/unemployment-benefits-economy-states.html 1. What is the natural experiment that allowed researchers to study the impact of employment benefits on labor
read the following NY Times article
https://www.nytimes.com/2021/08/20/business/economy/unemployment-benefits-economy-states.html
1. What is the natural experiment that allowed researchers to study the impact of employment benefits on labor supply? Be sure to state who/what is in the treatment and control groups. (2 pts)
2. Using the data from the following Twitter link:
https://twitter.com/JedKolko/status/1427703384828637192
What was the impact of reducing unemployment benefits on the unemployment rate? Show your work/I am looking for a number. (1 pt)
3. Using the data from the Twitter link what was the impact of reducing unemployment benefits on the employment rate? Show your work/I am looking for a number. (1 pt)
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