The Pie: An Economics Podcast Lessons from Pandemic Unemployment Benefits: When Government Generosity Becomes Necessity
Sep 5, 2023
Economists Peter Ganong and Joe Vavra discuss the impacts of pandemic unemployment benefits on spending and job-finding. They explore the increase in benefits, challenges in delivering them, and the stabilizing effect of temporary expansions. They also discuss the need for careful policy design and implementing automatic triggers based on labor market indicators.
Chapters
Transcript
Episode notes
1 2 3 4 5
Introduction
00:00 • 2min
The Impact of Pandemic Unemployment Benefits
01:58 • 14min
Challenges in Delivering Pandemic Unemployment Benefits
16:07 • 2min
Policy Conclusions and the Stabilizing Effect of Temporary Expansions of Unemployment Benefits
17:57 • 3min
Exploring Automatic Triggers and the Need for Careful Policy Design
21:08 • 6min