When Institutions Interact: How the Effects of Unemployment Insurance are Shaped by Retirement Policies

We are grateful to David Autor, Stefano DellaVigna, Hilary Hoynes, Simon Jäger, Kevin Lang, Erzo F. P. Luttmer, Daniele Paserman, Regina Riphahn, Gesine Stephan, Till von Wachter, and participants at Boston University, the ELSE 2023 Symposium, the University of Erlangen-Nuremberg, IAB, the University of Innsbruck, IZA, IZA’s 25th anniversary conference in labor economics, New York University, SOLE, and West Point for many helpful comments. We also thank Janos Gabler and his team for providing amazing support with the excellent Estimagic package used for estimation in this paper. Support from the German Research Foundation (DFG) through CRC TR 224 (Project A05, C01) is gratefully acknowledged. All errors are our own. All of Pablo Guzman-Pinto’s work on this paper was carried out when he was affiliated with Boston University. This paper does not represent the views of his current employer (Amazon). This paper does not represent the views of his current employer (Amazon), nor does it necessarily reflect the views of the National Bureau of Economic Research.

• October 24, 2023