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Older Workers in the New Economy: The Role of Wage Insurance and the Rethinking of Employment Insurance

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  • Stephen R.G. Jones

Abstract

I consider the recommendations of the Expert Panel on Older Workers (2008) with regard to Wage Insurance (WI) and Employment Insurance (EI). I argue that there is scope for a limited demonstration project of WI to further assess feasibility and effectiveness, but note that a number of design issues remain open. I assess the fundamental review of EI proposed in the Panel report, concluding that many of the proposals amount to a form of experience rating and an expanded conditioning of policy on individual characteristics. I evaluate such proposals in light of theoretical work on optimal unemployment insurance.

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  • Stephen R.G. Jones, 2009. "Older Workers in the New Economy: The Role of Wage Insurance and the Rethinking of Employment Insurance," Canadian Public Policy, University of Toronto Press, vol. 35(4), pages 499-511, December.
    • Handle: RePEc:cpp:issued:v:35:y:2009:i:4:p:499-511
    DOI: 10.3138/cpp.35.4.499
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    Cited by:

    1. Hatem Mohammed Rouhoma Salah & Nasser Habtoor, 2015. "Libyan Managers’s Perspective on the Intention to Retain Older Employees in the Corporate Sectors in Libya," International Journal of Management Sciences, Research Academy of Social Sciences, vol. 6(6), pages 282-290.
    2. Riddell, W. Craig, 2011. "Unemployment Compensation and Adjustment Assistance for Displaced Workers: Policy Options for Canada," CLSSRN working papers clsrn_admin-2011-31, Vancouver School of Economics, revised 22 Dec 2011.
    3. Jones, Stephen, 2012. "The Effectiveness of Training for Displaced Workers with Long Prior Job Tenure," CLSSRN working papers clsrn_admin-2012-3, Vancouver School of Economics, revised 29 Jan 2012.

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