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Provisions of the welfare state: employment protection versus unemployment insurance

Michael Neugart

No 279, European Economy - Economic Papers 2008 - 2015 from Directorate General Economic and Financial Affairs (DG ECFIN), European Commission

Abstract: Employment protection and unemployment benefits are considered as the most prominent insurance devices for workers to protect themselves against the risk of unemployment. It occurs that societies either choose a high level of employment protection relative to unemployment benefits or vice versa. This paper explains where countries locate on this trade-off.

Keywords: employment protection; unemployment benefits; tradeoff; flexicurity; probabilistic voting model; Neugart (search for similar items in EconPapers)
Pages: 23 pages
Date: 2007-05
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Citations: View citations in EconPapers (2)

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