Leon Levy Lecture - The Lot of the Unemployed

Alan B. Krueger
Institute for Advanced Study
April 12, 2008

Alan B. Krueger, Leon Levy Foundation Member, School of Social Science. The unemployment rate is rising and job growth turned negative in January 2008.  Some economists view unemployment as a minor concern while others argue it is a serious malady.  This lecture presents new evidence on the lot of the unemployed, in the U.S. and other countries, including the psychological well-being of the unemployed and how the unemployed spend their time, with a particular focus on time spent searching for a new job. The effect of unemployment benefits on job search activity is considered from both a theoretical and empirical perspective.

[file] Hi-Res506.54 MB
[file] Lo-Res291.01 MB

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