Stephen A. woodbury and Robert G. Spiegel-

man, in The American Economic Review (Sept.
19871, 1313 21st Ave. South, Ste. 809, Nash-
ville, Term. 37212.
Unemployment benefits were originally designed to provide relief to work- ers laid off from jobs. In recent years, many economists have concluded that such insurance programs prolong joblessness reducing the pressure on unemployed workers to search for new jobs.
What can be done to alter these trends? Woodbury, an economist at Michigan State U...