在开展失业保险政策可大大增加政府的公共债务和支出在很短的时间，同时失业保险加强流动性，该公司希望保持雇佣需求的聚集。对流动性的聚合开展失业保险的这种效应释放借款，该公司面临的限制，从而促进在经济衰退期间对劳动力的需求，相比于经济没有实施反周期的失业保险。该反失业保险做有助于通过限制失业和产出的波动，以稳定经济波动。

The carrying out of unemployment insurance policy could increase the public debt and outlays of government in short time, at the same time, the unemployment insurance enhance the aggregation of liquidity that the companies would like to hold for the needs of hiring. This effect of carrying out unemployment insurance on aggregation of liquidity releases the restrictions of borrowing that the companies face, therefore facilitate the demand on labor during the recession period, when compared to an economy without the carrying out of countercyclical unemployment insurance. The countercyclical unemployment insurance do helps to stabilize the economic fluctuation through restricting the fluctuation of unemployment and output. 

这个政策里面的主要方法是抑制如下效果：生产力的冲击是负面的，对劳动力的需求由公司降低后，由于产出下降，也从企业的限制的期望。因此，工作找到了劳动力减少的速度，分离速率增加，失业率越来越高。造成这种情况的原因是来自反失业保险两方面的影响，一个是间接的，另一种是直接的。The principal method inside this policy is the effect of dampening as following: After the shock of productivity that is negative, the demand by the companies on labor decreases, because the expectation on output decreases and also the restrictions from companies. Therefore, the rate of job finding for the labor decreases, the rate of separation increases, the unemployment is higher and higher. The reasons for this situation are the two effects that come from countercyclical unemployment insurance, one is indirect, the other one is direct.

The direct impact is the increasing consumption comes from the workers that are unemployed. The key point is that this increase of the labor’s consumptions is not comprised by the decrease of the companies’ consumption, even though the companies pay the taxes. It is because that the unemployment insurance is financed partly by the debt, so the taxes do not increase too much instantly.

While for the indirect effect, it is defined as the effect of the unemployment insurance on the public stock. Because higher outlays of the government come from higher unemployment insurance, and the outlays of government are financed partly by debt of the public, and it increases the supply aggregation of liquidity. So it also increases the ability of companies to hold the liquidity, so the constraint of borrowing decreases and there is higher demand on the labors for the companies. So this impact facilitates a gentle refinement of the unemployment after the recession. In conclusion, the carrying out of countercyclical unemployment insurance is effective to stabilize the unemployment and output, and boost the consumptions at the same time. And all these results are derived from a stripped-down model that corrects all the imperfections in the realistic market to remove the constraint of borrowing.

The countercyclical unemployment insurance do helps to stabilize the economic fluctuation through restricting the fluctuation of unemployment and output. The principal method inside this policy is the effect of dampening as following: After the shock of productivity that is negative, the demand by the companies on labor decreases, because the expectation on output decreases and also the restrictions from companies. Therefore, the rate of job finding for the labor decreases, the rate of separation increases, the unemployment is higher and higher.