Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/200605 
Year of Publication: 
2017
Series/Report no.: 
Working Paper No. 164
Publisher: 
International Policy Centre for Inclusive Growth (IPC-IG), Brasilia
Abstract: 
The main objective of passive employment policies is to guarantee a certain level of consumption and well-being for workers who lose their jobs. These policies also aim to assist the unemployed in searching for a new job and to improve the matching between employers and workers to generate positive effects on the duration of employment, productivity and wages. Most passive employment policies consist of cash transfers for unemployed people. From a cyclical point of view, unemployment protection systems can help stabilise the economy in times of crisis, stimulate labour formalisation (especially in developing countries) and, in some cases, increase savings, especially in the long term. [...]
Subjects: 
Brazil
Government
Severance
Indemnity
Fund
Employees
FGTS
unemployment
insurance
savings
accounts
countries
comparative
analysis
effects
labour
market
Document Type: 
Working Paper

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