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La Riforma del Welfare, il Paygo, i nuovi Ammortizzatori per il Mercato del Lavoro
[Reform of Welfare System, Scale of functioning of PayGo, and development of modern Unemployment Benefits]

Author

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  • Salerno, Nicola Carmine
  • Pammolli, Fabio

Abstract

The scale of PayGo has a maximum level of functioning over which nevative effects prevail over positive ones. This means that, with almost all PayGo possibilities dedicated to pensions and health care (acute and Ltc), little or nothing remains for financing unemployment benefits schemes or other welfare expenditures. This "saturation" of PayGo possibilities clearly emerges in the projections contained in the Stability Program of Italy, 2012 issue. The same "saturation" situation would probably emerge if computations were developed on the Stability Program of any Western Europe country.

Suggested Citation

  • Salerno, Nicola Carmine & Pammolli, Fabio, 2012. "La Riforma del Welfare, il Paygo, i nuovi Ammortizzatori per il Mercato del Lavoro
    [Reform of Welfare System, Scale of functioning of PayGo, and development of modern Unemployment Benefits]
    ," MPRA Paper 38396, University Library of Munich, Germany, revised 15 Apr 2012.
  • Handle: RePEc:pra:mprapa:38396
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    File URL: https://mpra.ub.uni-muenchen.de/38396/1/MPRA_paper_38396.pdf
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    Cited by:

    1. Fabio Pammolli, 2013. "Demography, Sustainability, and Growth Notes on the future of the European "Social Market" Economy," Working Papers CERM 01-2013, Competitività, Regole, Mercati (CERM).

    More about this item

    Keywords

    Welfare System PayGo; Pensions Expenditure; Halth Care Expenditure; Ltc; PayGo Burden; Sustainability; Long Term; Stability Program; Multipillar; Structural Reform;

    JEL classification:

    • D30 - Microeconomics - - Distribution - - - General
    • I0 - Health, Education, and Welfare - - General
    • H53 - Public Economics - - National Government Expenditures and Related Policies - - - Government Expenditures and Welfare Programs
    • D60 - Microeconomics - - Welfare Economics - - - General

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