WP 2009-9 Unemployment Compensation and High European Unemployment: A Reassessment with New Benefit Indicators
Generous unemployment benefits lie at the heart of the conventional explanation for persistent high unemployment. The micro evidence suggests modest effects of changes in generosity, but there are reasons to doubt that the impacts on national unemployment rates are consequential. The authors take advantage of newly released and much improved net replacement rate indicators from the OECD, which show little correlation with either gross replacement rates or with unemployment and employment rates.
|Date of creation:||Apr 2009|
|Contact details of provider:|| Postal: 6 East 16th Street, New York, NY 10003|
Web page: http://www.economicpolicyresearch.org
More information through EDIRC
When requesting a correction, please mention this item's handle: RePEc:epa:cepawp:2009-9. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Bridget Fisher)
If references are entirely missing, you can add them using this form.