Please use this identifier to cite or link to this item: http://dspace.mediu.edu.my:8181/xmlui/handle/10419/2801
Title: From unemployment benefits to unemployment accounts
Keywords: J65
J23
J68
J32
J38
J64
ddc:330
unemployment benefits
unemployment accounts
redistribution
employment
unemployment
pensions
Arbeitslosenversicherung
Reform
Vermögensbildung
Arbeitsangebot
Ökonomischer Anreiz
Theorie
Issue Date: 16-Oct-2013
Publisher: Forschungsinstitut zur Zukunft der Arbeit Bonn
Description: We explore the implications of replacing current unemployment benefit (UB) systems by unemployment accounts (UA). Under the UA system, employed people would be required to make ongoing contributions to their unemployment accounts, and the balances in these accounts would then be available to them during periods of unemployment. The government would be able to undertake balanced-budget redistributions among the UAs, taxing the contributions of the rich and subsidizing those of the poor. When people retire, they could use their remaining UA balances to top up their pensions. Under the unemployment benefit system, people are in effect rewarded for being unemployed (through the unemployment benefits) and penalized for being employed (through the taxes that finance the unemployment benefits). The UA system alleviates these externality problems. For when an unemployed person makes withdrawals from his UA, he is thereby diminishing the amount of funds that are available to him later on.
URI: http://koha.mediu.edu.my:8181/xmlui/handle/10419/2801
Other Identifiers: http://hdl.handle.net/10419/2801
ppn:352717653
ppn:352717653
Appears in Collections:EconStor

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