Unemployment Compensation throughout the World: A Comparative Analysis

By Wayne Vroman; Vera Brusentsev | Go to book overview

countries. There was also a suggestion of an increasing long-term trend in the percent unemployed 12 or more months. More data points are needed, however, before these findings should be given much weight. At least the finding on the effect of lagged unemployment seems reasonable in light of the findings from the OECD-20 countries. Also, that there should be a positive trend toward an increased percentage of long- term unemployment seems to square with both Figure 8.2 in Chapter 8 and a priori notions about labor market developments in the CEE countries.


Notes
1.
Only 11 years of data were available for Switzerland (1991—2001) and just 7 years for Austria (1994 —2000).
2.
The apparent tie in Sweden is due to rounding of t-ratios to one decimal place. The lagged unemployment rate has a slightly larger t-ratio than the trend.
3.
Significance is present when the absolute value of the t-ratio is 2.0 or larger.
4.
One indication of the differences in estimated trends from levels versus first dif- ference specifications is the correlation of the trend coefficients across the 18 countries. The simple correlation between the trend coefficients in Table E.1 and the intercept coefficients in Table E.2 was 0.41, which was not significant at the 0.05 level.

-252-

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Unemployment Compensation throughout the World: A Comparative Analysis
Table of contents

Table of contents

  • Unemployment Compensation Throughout the World - A Comparative Analysis *
  • Contents v
  • Figures vii
  • Tables viii
  • 1 - Introduction 1
  • Notes 6
  • Part 1 - A Global Perspective *
  • 2 - Economic Performance and Unemployment 9
  • Notes 42
  • 3 - Unemployment Protection 45
  • Notes 75
  • Part 2 - Regional Aspects of Unemployment Protection *
  • 4 - Unemployment Compensation in the Oecd-20 Countries 81
  • Notes 106
  • 5 - Unemployment Compensation in the Cee-Fsu Countries 109
  • Notes 125
  • 6 - Unemployment Compensation in East and South Asia 127
  • Notes 143
  • 7 - Unemployment Compensation in Latin American and Caribbean Countries 145
  • Notes 165
  • Part 3 - Problem Areas for Unemployment Compensation Programs *
  • 8 - Three Problem Areas for Unemployment Compensation Programs 169
  • Notes 210
  • 9 - Conclusion 213
  • Appendix A - Labor Market Data for 150 Countries 219
  • Appendix B - Output Changes and Employment Changes 227
  • Notes 232
  • Appendix C - Regression Estimates of Uc Benefit Generosity 233
  • Appendix D - Uc Provisions and Uc Costs in Cee-Fsu Countries 235
  • Appendix E - Determinants of Long-Term Unemployment Percentages 245
  • Notes 252
  • References 253
  • The Authors 259
  • Index 261
  • About the Institute 273
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