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An Analysis of Benefit Flows in New Zealand Using a Social Accounting Framework

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Author Info

  • Omar Aziz
  • Nick Carroll
  • John Creedy

    ()
    (The Treasury)

Abstract

This 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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File URL: http://www.treasury.govt.nz/publications/research-policy/wp/2013/13-01/twp13-01.pdf
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Bibliographic Info

Paper provided by New Zealand Treasury in its series Treasury Working Paper Series with number 13/01.

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Length: 48
Date of creation: Jan 2013
Date of revision:
Handle: RePEc:nzt:nztwps:13/01

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Web page: http://www.treasury.govt.nz
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Keywords: Social Accounting; Benefit Flows; Simulation;

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References

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  1. 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.
  2. Creedy, John & Disney, Richard, 1981. "Eligibility for Unemployment Benefits in Great Britain," Oxford Economic Papers, Oxford University Press, vol. 33(2), pages 256-73, July.
  3. Creedy, John & Disney, Richard, 1981. "Changes in Labour Market States in Great Britain," Scottish Journal of Political Economy, Scottish Economic Society, Scottish Economic Society, vol. 28(1), pages 76-85, February.
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Cited by:
  1. Omar Aziz & Nick Carroll & John Creedy, 2013. "An Analysis of Benefit Flows in New Zealand Using a Social Accounting Framework," Treasury Working Paper Series, New Zealand Treasury 13/01, New Zealand Treasury.

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