Unemployment Claims, COVID-19 Restrictions and Economic Support Measures in the U.S.

12 Pages Posted: 8 Sep 2021

See all articles by Theologos Dergiades

Theologos Dergiades

University of Macedonia - Department of International and European Studies

Costas Milas

University of Liverpool

Theodore Panagiotidis

University of Macedonia - Department of Economics

Date Written: September 7, 2021

Abstract

This paper considers the role of non-pharmaceutical interventions (NPIs) and economic support measures (ESM) in affecting excess unemployment insurance claims in the U.S. Using a panel Vector AutoRegressive specification, we find that unemployment claims are significantly affected by both policies (NPIs and ESM), and that economic support measures mitigate partially the negative labor market consequences of NPIs.

Keywords: Unemployment Claims, NPIs, Economic Support Measures, Panel VAR

JEL Classification: C3; C5; J6

Suggested Citation

Dergiades, Theologos and Milas, Costas and Panagiotidis, Theodore, Unemployment Claims, COVID-19 Restrictions and Economic Support Measures in the U.S. (September 7, 2021). Available at SSRN: https://ssrn.com/abstract=3918769 or http://dx.doi.org/10.2139/ssrn.3918769

Theologos Dergiades

University of Macedonia - Department of International and European Studies ( email )

Egnatia str. 156
Thessaloniki, 54636
Greece

Costas Milas

University of Liverpool ( email )

Chatham Street
Liverpool
United Kingdom

Theodore Panagiotidis (Contact Author)

University of Macedonia - Department of Economics ( email )

Thessaloniki, 54006
Greece

HOME PAGE: http://users.uom.gr/~tpanag/

Do you have a job opening that you would like to promote on SSRN?

Paper statistics

Downloads
38
Abstract Views
168
PlumX Metrics