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Unemployment accounts and employment incentives

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dc.creator Brown, Alessio J. G.
dc.creator Orszag, Jonathan Michael
dc.creator Snower, Dennis J.
dc.date 2006
dc.date.accessioned 2013-10-16T06:17:49Z
dc.date.available 2013-10-16T06:17:49Z
dc.date.issued 2013-10-16
dc.identifier Discussion paper Centre for Economic Policy Research, London 5692
dc.identifier http://hdl.handle.net/10419/3848
dc.identifier ppn:515508934
dc.identifier.uri http://koha.mediu.edu.my:8181/xmlui/handle/10419/3848
dc.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.
dc.language eng
dc.publisher Centre for Economic Policy Research, London
dc.relation CEPR Discussion paper series / Centre for Economic Policy Research 5692
dc.rights http://www.econstor.eu/dspace/Nutzungsbedingungen
dc.subject I38
dc.subject J22
dc.subject J32
dc.subject J38
dc.subject J64
dc.subject J65
dc.subject J68
dc.subject ddc:330
dc.subject Arbeitslosenversicherung
dc.subject Reform
dc.subject Vermögensbildung
dc.subject Wirtschaftspolitische Wirkungsanalyse
dc.subject Arbeitsangebot
dc.subject Ökonomischer Anreiz
dc.subject Theorie
dc.subject Beschäftigungseffekt
dc.subject Belgien
dc.subject Frankreich
dc.subject Deutschland
dc.subject Italien
dc.subject Spanien
dc.title Unemployment accounts and employment incentives
dc.type doc-type:workingPaper

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