Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/193429 
Year of Publication: 
2018
Citation: 
[Journal:] IZA World of Labor [ISSN:] 2054-9571 [Article No.:] 444 [Publisher:] Institute of Labor Economics (IZA) [Place:] Bonn [Year:] 2018
Publisher: 
Institute of Labor Economics (IZA), Bonn
Abstract: 
Job displacement poses a serious earnings threat to long-tenured workers through unemployment spells and lower re-employment wages. The prevailing method of insuring job displacement losses involves an uncoordinated combination of unemployment insurance and severance pay. Less developed countries often rely exclusively on public mandating of employer severance pay due to the administrative complexity of unemployment insurance systems. If both options are operational, systematic integration of the two is important, although perhaps not possible if severance pay is voluntarily provided.
Subjects: 
job displacement
unemployment insurance
wage insurance
severance pay
JEL: 
J65
J41
J33
J08
Persistent Identifier of the first edition: 
Document Type: 
Article

Files in This Item:
File
Size





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.