The Impact of Increased Unemployment Benefits During the COVID-19 Pandemic

In the second part, we consider a regression analysis of different COVID-19 related measures put in place throughout the course of spring 2020 and their effects on employment probabilities. Our findings should serve as a possible explanation for the lack of effects observed in our first part. We find strong negative labor market implications for most of these measures across all observed groups prior to the CARES Act enactment.