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Federal Reserve Bank of Cleveland: 'Unemployment Insurance Generosity and Wage Determination'
June 04, 2026
CLEVELAND, Ohio, June 4 (TNSLrpt) -- The Federal Reserve Bank of Cleveland issued the following white paper (No. 26-11) on May 26, 2026, by Kevin Rinz and David Wasser entitled "Unemployment Insurance Generosity and Wage Determination."

Here are excerpts:

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Using public-use data from the Current Population Survey, we estimate the effects of changes in unemployment insurance (UI) generosity on the wages of new hires from unemployment, job chang . . .

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