Economic downturn and stress testing European welfare systems

Francesco Figari (), Holly Sutherland and Andrea Salvatori

No 2010-18, ISER Working Paper Series from Institute for Social and Economic Research

Abstract: As unemployment rises across the European Union (EU) it is important to understand the extent to which the incomes of the new unemployed are protected by tax-benefit systems and to assess the cost pressures on the governments. This paper uses the EU tax-benefit model EUROMOD to explore these issues, comparing effects in five countries. It provides evidence on the differing degrees of resilience of the household incomes of the newly unemployed due to the variations in the protection offered by the tax-benefit systems, according to whether unemployment benefit is payable, the household situation of the unemployed person, and across countries.

Date: 2010-06-17
New Economics Papers: this item is included in nep-eec and nep-eur
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Related works:
Chapter: Economic Downturn and Stress Testing European Welfare Systems (2011)
Working Paper: Economic downturn and stress testing European welfare systems (2010)
Working Paper: Economic downturn and stress testing European welfare systems (2010)
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