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http://dspace.mediu.edu.my:8181/xmlui/handle/10419/3810| Title: | Unemployment accounts and employment incentives |
| Keywords: | J32 I38 J68 J38 J64 J65 J22 ddc:330 Unemployment benefits Unemployment accounts Redistribution Employment Unemployment Arbeitslosenversicherung Reform Vermögensbildung Wirtschaftspolitische Wirkungsanalyse Arbeitsangebot Ökonomischer Anreiz Theorie Beschäftigungseffekt Belgien Frankreich Deutschland Italien Spanien |
| Issue Date: | 16-Oct-2013 |
| Publisher: | Kiel Institute for the World Economy (IfW) Kiel |
| Description: | We explore the far-reaching implications of replacing current unemployment benefit (UB) systems by an unemployment accounts (UA) system. Under the UA system, employed people are required to make ongoing contributions to their UAs and the balances in these accounts are available to them during periods of unemployment. The government is able to undertake balanced-budget interpersonal redistributions among the UAs. At the end of their working lives, people could transfer the remaining balances on their UAs into their pensions. We present an analytical framework to analyse the incentive e.ects of UAs and calibrate our model for the high unemployment countries of Europe. Our results suggest that this policy reform would significantly change people’s employment incentives and could achieve reductions in unemployment without reducing the level of support to the unemployed. |
| URI: | http://koha.mediu.edu.my:8181/xmlui/handle/10419/3810 |
| Other Identifiers: | http://hdl.handle.net/10419/3810 ppn:511205260 |
| Appears in Collections: | EconStor |
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