Job Displacement Insurance and (the Lack of) Consumption-Smoothing
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The most common forms of government-mandated job displacement insurance are Severance Pay (SP; lump-sum payments at layoff) and Unemployment Insurance (UI; periodic payments contingent on nonemployment). While there is a vast literature on UI, SP programs have received much less attention, even
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美国国家经济研究局创建时间：
2019-04-01
