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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 2013-10-16T06:23:16Z
dc.date.available 2013-10-16T06:23:16Z
dc.date.issued 2013-10-16
dc.identifier http://hdl.handle.net/10419/3917
dc.identifier ppn:520171047
dc.identifier.uri http://koha.mediu.edu.my:8181/xmlui/handle/10419/3917
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 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 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 Forschungsinstitut zur Zukunft der Arbeit, Bonn
dc.relation IZA Discussion paper series 2105
dc.relation Discussion paper series / Forschungsinstitut zur Zukunft der Arbeit 2105
dc.rights http://www.econstor.eu/dspace/Nutzungsbedingungen
dc.subject J68
dc.subject J38
dc.subject J64
dc.subject J65
dc.subject I38
dc.subject J22
dc.subject J32
dc.subject ddc:330
dc.subject Unemployment benefits
dc.subject Unemployment accounts
dc.subject Redistribution
dc.subject Employment
dc.subject Unemployment
dc.title Unemployment accounts and employment incentives
dc.type doc-type:workingPaper


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