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Economic Downturn and Stress Testing European Welfare Systems

Figari, Francesco and Salvatori, Andrea and Sutherland, Holly (2011) 'Economic Downturn and Stress Testing European Welfare Systems.' Research in Labor Economics, 32. pp. 257-286. ISSN 0147-9121

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Abstract

As unemployment rises across the European Union (EU), it is important to understand the extent to which the incomes of the new unemployed are protected by tax-benefit systems and to assess the cost pressures on the social protection systems of this increase in unemployment. This chapter uses the EU tax-benefit model EUROMOD to explore these issues, comparing effects in five EU countries. It provides evidence on the differing degrees of resilience of the household incomes of the newly unemployed due to the variations in the protection offered by the tax-benefit systems, according to whether unemployment benefit is payable, the household situation of the unemployed person and across countries.

Item Type: Article
Subjects: H Social Sciences > H Social Sciences (General)
Divisions: Faculty of Social Sciences
Faculty of Social Sciences > Institute for Social and Economic Research
SWORD Depositor: Elements
Depositing User: Elements
Date Deposited: 18 Jul 2013 08:49
Last Modified: 15 Jan 2022 00:55
URI: http://repository.essex.ac.uk/id/eprint/7110

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