Welfare compensation for unemployment in the Great Recession

"This paper analyses the extent to which tax-benefit systems provide an automatic stabilisation of income for those who became unemployed at the onset of the Great Recession. The focus of the analysis is on the compensation for earnings lost due to unemployment which is channelled through the w...

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Main Authors: EUROMOD, Fernandez Salgado, Marina, Figari, Francesco, Sutherland, Holly, Tumino, Alberto
Institution:ETUI-European Trade Union Institute
Format: TEXT
Language:English
Published: Colchester 2012
ISER
Subjects:
Online Access:https://www.labourline.org/KENTIKA-19134302124919525849-Welfare-compensation-for-unemp.htm
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author EUROMOD
Fernandez Salgado, Marina
Figari, Francesco
Sutherland, Holly
Tumino, Alberto
author_facet EUROMOD
Fernandez Salgado, Marina
Figari, Francesco
Sutherland, Holly
Tumino, Alberto
collection Library items
description "This paper analyses the extent to which tax-benefit systems provide an automatic stabilisation of income for those who became unemployed at the onset of the Great Recession. The focus of the analysis is on the compensation for earnings lost due to unemployment which is channelled through the welfare systems to this group of people who are clearly vulnerable to the recession?s adverse effects. In order to assess the impact of unemployment on household income, counterfactual scenarios are simulated by using EUROMOD, the EU-wide microsimulation model, integrated with information from the EU-LFS data. This paper provides evidence on the differing degrees of relative and absolute resilience of the household incomes of the new unemployed. These arise from the variations in the protection offered by the national tax-benefit systems, depending on entitlement or not to Unemployment Benefits, and from the personal and household circumstances of those most recently at risk of unemployment in the countries considered."
format TEXT
geographic EU countries
id 19134302124919525849_733570f8591f42e6bf5fb8bd67b4a7d6
institution ETUI-European Trade Union Institute
is_hierarchy_id 19134302124919525849_733570f8591f42e6bf5fb8bd67b4a7d6
is_hierarchy_title Welfare compensation for unemployment in the Great Recession
language English
physical 30 p.
Digital
publishDate 2012
publisher Colchester
ISER
spellingShingle EUROMOD
Fernandez Salgado, Marina
Figari, Francesco
Sutherland, Holly
Tumino, Alberto
economic recession
income
statistics
unemployment
unemployment benefit
Welfare compensation for unemployment in the Great Recession
thumbnail https://www.labourline.org/Image_prev.jpg?Archive=136094695427
title Welfare compensation for unemployment in the Great Recession
topic economic recession
income
statistics
unemployment
unemployment benefit
url https://www.labourline.org/KENTIKA-19134302124919525849-Welfare-compensation-for-unemp.htm