EconPapers    
Economics at your fingertips  
 

Measuring (in)security in the event of unemployment: are we forgetting someone?

Gabriella Berloffa and Francesca Modena

No 1111, Department of Economics Working Papers from Department of Economics, University of Trento, Italia

Abstract: In this paper we argue that the consequences of the unemployment risk may be quite different according to the number of persons who depend on the income of the active members, and propose new measures for the economic (in)security related to employment risk, that take into account the household composition of the unemployed: a per-earner actuarially-fair insurance premium corresponding to the aggregate equivalent expected loss, and the inactive-unemployed dependency rate (IUDR), i.e. the average number of persons that each unemployed individual has to provide for (beyond herself). Both have a simple interpretation but the latter has an advantage in terms of data-requirement. Adding the IUDR in the measure of employment security used by Osberg and Sharpe, the relative position of various countries change, suggesting that the overall level of insecurity associated to similar unemployment and replacement rates may be quite different if we consider all the individuals in the households that are potentially affected by this risk.

Date: 2011
New Economics Papers: this item is included in nep-lab
References: Add references at CitEc
Citations: View citations in EconPapers (4)

Downloads: (external link)
http://www.unitn.it/files/download/15312/1111berloffa-modena.pdf (application/pdf)
Our link check indicates that this URL is bad, the error code is: 403 Forbidden

Related works:
Journal Article: Measuring (In)Security in the Event of Unemployment: Are We Forgetting Someone? (2014) Downloads
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:trn:utwpde:1111

Access Statistics for this paper

More papers in Department of Economics Working Papers from Department of Economics, University of Trento, Italia Contact information at EDIRC.
Bibliographic data for series maintained by Luciano Andreozzi (luciano.andreozzi@economia.unitn.it).

 
Page updated 2025-04-01
Handle: RePEc:trn:utwpde:1111