An Analysis of Benefit Flows in New Zealand Using a Social Accounting Framework
AbstractThis paper presents a social accounting model to examine the entrants, exits and transitions of individuals among a wide range of benefit categories in New Zealand. Transition rates and flows are estimated separately for periods before the global financial crisis (GFC) and periods following the crisis. The data were obtained from the Benefit Dynamics Dataset maintained by the Ministry of Social Development. The model is used to examine, using simulations, the implications for the time profile of changes in the stock of benefit recipients under a range of counterfactual situations. It is suggested that the model can provide a useful tool for policy analysis.
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Bibliographic InfoPaper provided by New Zealand Treasury in its series Treasury Working Paper Series with number 13/01.
Date of creation: Jan 2013
Date of revision:
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Postal: New Zealand Treasury, PO Box 3724, Wellington, New Zealand
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Social Accounting; Benefit Flows; Simulation;
Other versions of this item:
- Aziz, Omar & Carroll, Nick & Creedy, John, 2013. "An Analysis of Benefit Flows in New Zealand using a Social Accounting Framework," Working Paper Series 2840, Victoria University of Wellington, Chair in Public Finance.
- I38 - Health, Education, and Welfare - - Welfare and Poverty - - - Government Programs; Provision and Effects of Welfare Programs
- J11 - Labor and Demographic Economics - - Demographic Economics - - - Demographic Trends, Macroeconomic Effects, and Forecasts
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