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dc.contributor.authorFernandez-Salgado, Mariñaen_US
dc.contributor.authorFigari, Francescoen_US
dc.contributor.authorSutherland, Hollyen_US
dc.contributor.authorTumino, Albertoen_US
dc.date.accessioned2012-04-17en_US
dc.date.accessioned2012-10-15T14:13:20Z-
dc.date.available2012-10-15T14:13:20Z-
dc.date.issued2012en_US
dc.identifier.urihttp://hdl.handle.net/10419/64908-
dc.description.abstractThis 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.en_US
dc.language.isoengen_US
dc.publisherUniv. of Essex, Institute for Social and Economic Research Colchesteren_US
dc.relation.ispartofseriesEUROMOD Working Paper EM3/12en_US
dc.subject.jelC81en_US
dc.subject.jelH55en_US
dc.subject.jelI3en_US
dc.subject.ddc330en_US
dc.subject.keywordunemploymenten_US
dc.subject.keywordEuropean Unionen_US
dc.subject.keywordhousehold incomeen_US
dc.subject.keywordmicrosimulationen_US
dc.titleWelfare compensation for unemployment in the great recessionen_US
dc.typeWorking Paperen_US
dc.identifier.ppn690164297en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US
Appears in Collections:EUROMOD Working Paper Series, Institute for Social and Economic Research (ISER), University of Essex

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