The Great Recession has renewed interest in unemployment insurance (UI) programs
around the world. At the same time, there have been important advances in both theory and …

The debate between structural and reduced-form approaches has generated substantial
controversy in applied economics. This article reviews a recent literature in public …

Using de-identified bank account data, we show that spending drops sharply at the large
and predictable decrease in income arising from the exhaustion of unemployment insurance …

From 1980 to 2000, the rise in the US college/high school graduate wage gap coincided
with increased geographic sorting as college graduates concentrated in high wage, high …

Hunger during pre‐harvest lean seasons is widespread in the agrarian areas of Asia and
Sub‐Saharan Africa. We randomly assign an $8.50 incentive to households in rural …

We investigate wealth returns on an administrative panel containing the disaggregated
balance sheets of Swedish residents. The expected return on household net wealth is …

We implement a survey of Dutch households in which random subsets of respondents
receive information about inflation. The resulting exogenously generated variation in …

A wide body of empirical evidence finds that approximately 25 percent of fiscal stimulus
payments (eg, tax rebates) are spent on nondurable household consumption in the quarter …

We examine the link between wage and consumption inequality using a life-cycle model
incorporating consumption and family labor supply decisions. We derive analytical …

We use a very accurate panel of all individual spending, income, balances, and credit limits
from a personal finance software to document spending responses to the arrival of both …