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http://dspace.mediu.edu.my:8181/xmlui/handle/10419/3848| Title: | Unemployment accounts and employment incentives |
| Keywords: | I38 J22 J32 J38 J64 J65 J68 ddc:330 Arbeitslosenversicherung Reform Vermögensbildung Wirtschaftspolitische Wirkungsanalyse Arbeitsangebot Ökonomischer Anreiz Theorie Beschäftigungseffekt Belgien Frankreich Deutschland Italien Spanien |
| Issue Date: | 16-Oct-2013 |
| Publisher: | Centre for Economic Policy Research, London |
| 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 balancedbudget 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 effects 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/10419/3848 |
| Other Identifiers: | Discussion paper Centre for Economic Policy Research, London 5692 http://hdl.handle.net/10419/3848 ppn:515508934 |
| Appears in Collections: | EconStor |
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