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Federal Reserve Bank of Richmond: "Modelling Unemployment Insurance in the Real World"
May 22, 2026
RICHMOND, Virginia, May 22 (TNSLrpt) -- The Federal Reserve Bank of Richmond issued the following economic brief (No. 26-16) in May 2026 by Spencer Cooper-Ohm and Nicholas Trachter entitled "Modelling Unemployment Insurance in the Real World".

Here are excerpts:

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There is a robust literature evaluating whether the U.S.'s current unemployment insurance (UI) program -- which provides roughly 50 percent of an employee's wages for six m . . .

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