Please use this identifier to cite or link to this item:
http://dspace.mediu.edu.my:8181/xmlui/handle/10419/2803| Title: | Incapacity benefits and employment policy |
| Keywords: | J31 J23 J24 J32 J64 ddc:330 incapacity benefits employment policy labor force participation Arbeitslosenversicherung Beschäftigungspolitik Arbeitsangebot Lohnsubvention Voucher Theorie |
| Issue Date: | 16-Oct-2013 |
| Publisher: | Forschungsinstitut zur Zukunft der Arbeit Bonn |
| Description: | The paper explores the employment implications of allowing people the opportunity of using a portion of their incapacity benefits to provide employment vouchers for employers that hire them. The analysis indicates that introducing this policy could increase employment, raise the incomes of incapacity benefit recipients, and reduce employers? labor costs. The analysis explicitly derives the optimal voucher, i.e. the voucher that maximizes employment at no extra budgetary cost. This voucher is shown to depend on the size of incapacity benefits, the separation rate in the absence of the voucher, and the degree of displacement; but it does not depend on the hiring rate. Numerical calculations show the optimal voucher to be large by the standards of many existing employment subsidies. |
| URI: | http://koha.mediu.edu.my:8181/xmlui/handle/10419/2803 |
| Other Identifiers: | http://hdl.handle.net/10419/2803 ppn:352719826 ppn:352719826 |
| Appears in Collections: | EconStor |
Files in This Item:
There are no files associated with this item.
Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.