During the debate over a federal spending bill, Senator A proposed changing the schedule for paying out

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During the debate over a federal spending bill, Senator A proposed changing the schedule for paying out unemployment benefits to be one where benefits were doubled, but offered for half the current duration (so that UI benefits would expire after 13 weeks). In contrast, Senator B proposed cutting UI benefits in half but to pay benefits for twice as long (so that UI benefits would not expire until after 52 weeks). Comparing to the status quo, contrast both plans along the following dimensions: overall unemployment rate, average duration of unemployment spells, and the distribution of wages accepted by workers coming out of a spell of unemployment.
Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
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Labor Economics

ISBN: 978-0073523200

6th edition

Authors: George J. Borjas

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