Legislation versus Practical Reality: Chile’s Unemployment Insurance

Kirsten Sehnbruch

Chapter 6 in The Chilean Labor Market, 2006, pp 141-168 from Palgrave Macmillan

Abstract: Abstract During his election campaign in 1999, Ricardo Lagos promised Chile an unemployment insurance scheme, and it was with great pride that he introduced a proposal for legislation as soon as his new administration was inaugurated in March 2000. This legislation has since then been approved and implemented and the first workers have been able to participate in the scheme since October 2002. All those who signed new contracts after this date have to contribute to the scheme.1

Keywords: Labor Market; Moral Hazard; Insurance Scheme; Unemployment Insurance; Unemployment Insurance System (search for similar items in EconPapers)
Date: 2006
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-4039-8364-0_6

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DOI: 10.1057/9781403983640_6

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