2006, English, Article edition: Unemployment accounts and employment incentives [electronic resource] / by Alessio J. G. Brown, Michael Orszag, Dennis J. Snower. Brown, Alessio J. G.

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Bookmark: https://trove.nla.gov.au/version/24853594
Published
  • Bonn, Germany : IZA, [2006]
Language
  • English

Edition details

Title
  • Unemployment accounts and employment incentives /​ by Alessio J. G. Brown, Michael Orszag, Dennis J. Snower.
Author
  • Brown, Alessio J. G.
Other Authors
  • Orszag, Michael.
Published
  • Bonn, Germany : IZA, [2006]
Medium
  • [electronic resource]
Series
Subjects
Summary
  • "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"--Forschungsinstitut zur Zukunft der Arbeit web site.
Notes
  • Title from PDF file as viewed on 5/​1/​2006.
  • Includes bibliographical references.
  • Also available in print.
Technical Details
  • System requirements: Adobe Acrobat Reader.
  • Mode of access: World Wide Web.
Language
  • English
Libraries Australia ID
Contributed by
Libraries Australia

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