000001191 001__ 1191 000001191 005__ 20250303150307.0 000001191 0247_ $$a10.3886/E170261V1$$2DOI 000001191 02470 $$a10.3886/E170261$$2DOI 000001191 041__ $$aeng 000001191 084__ $$aE24 Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity$$03024 000001191 084__ $$aH31 Household$$03183 000001191 084__ $$aJ64 Unemployment: Models, Duration, Incidence, and Job Search$$03312 000001191 084__ $$aJ65 Unemployment Insurance; Severance Pay; Plant Closings$$03313 000001191 245__ $$aData and Code for: Labor Market Responses to Unemployment Insurance: The Role of Heterogeneity 000001191 251__ $$a1 000001191 260__ $$bAmerican Economic Association 000001191 269__ $$a2023-06-23 000001191 336__ $$aDataset 000001191 506__ $$aFiles may be downloaded from digital repository linked in the DOI field 000001191 520__ $$aWe document considerable scope of heterogeneity within the unemployed, especially when the unemployed are divided along eligibility and receipt of unemployment insurance (UI). We study the implications of this heterogeneity on UI’s insurance-incentive trade-off using a heterogeneous-agent job-search model capable of matching the wealth and income differences that distinguish UI recipients from non-recipients. Insurance benefits are larger for UI recipients who are predominantly wealth-poor. Meanwhile, incentive costs are non-monotonic in wealth because the poorest individuals, who value employment, exhibit weak responses. Differential elasticities imply that accounting for the composition of recipients is material to the evaluation of UI's insurance-incentive trade-off. <p><p>Replication package for peer-reviewed article published in American Economic Journal: Macroeconomics.$$7Abstract 000001191 540__ $$aCreative Commons Attribution 4.0 International$$uhttps://creativecommons.org/licenses/by/4.0/legalcode$$fCC-BY-4.0 000001191 7001_ $$aBirinci, Serdar$$7Personal$$uBank of Canada$$3https://ror.org/05cc98565$$5ROR 000001191 7001_ $$aSee, Kurt$$7Personal$$uBank of Canada$$3https://ror.org/05cc98565$$5ROR 000001191 791__ $$aJournalArticle$$iReproducibility package is associated with peer-reviewed article$$w10.1257/mac.20200057$$c2023$$dAmerican Economic Journal: Macroeconomics (American Economic Association)$$tLabor Market Responses to Unemployment Insurance: The Role of Heterogeneity$$2DOI$$j15$$k3$$q388$$o430$$eIsSupplementTo 000001191 791__ $$aText$$iAssociated article is first published as Federal Reserve Bank of St. Louis Working Paper$$w10.20955/wp.2019.022$$c2019$$dFederal Reserve Bank of St. Louis$$tLabor Market Responses to Unemployment Insurance: The Role of Heterogeneity$$2DOI$$jWorking Paper$$k2019-022F$$eIsSupplementTo 000001191 8301_ $$aReproducibility Package 000001191 8301_ $$aEnsemble de données pour la reproductibilité des résultats de recherche 000001191 909CO $$ooai:www.oar-rao.bank-banque-canada.ca:1191$$pbibliographic 000001191 937__ $$aBirinci, S. and K. See$$b2023$$cLabor Market Responses to Unemployment Insurance: The Role of Heterogeneity$$dAmerican Economic Journal: Macroeconomics$$e15$$f3$$ghttps://doi.org/10.1257/mac.20200057 000001191 980__ $$aStaff Research 000001191 980__ $$aRDM 000001191 980__ $$aResearch Reproducibility Packages 000001191 991__ $$aPublic