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Unemployment insurance benefits and firms- profitability - the impact of labor productivity
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Orientador(es)
Resumo(s)
This paper analyzes the effects of unemployment insurance benefits on firms’ profitability and
the impact of labor productivity changes in this relation. Using panel regression analysis with
data from heterogeneous firms across multiple industries and US states, we find that there is no
statistically significant relation between unemployment subsidies and firms’ profitability,
except when we narrow our analysis to specific industries or dimensions. Additionally, our
findings suggest that higher unemployment benefits lead to increased labor productivity in
firms.
Descrição
Palavras-chave
Unemployment insurance Firm profitability Unemployment risk Labor productivity