The Heterogeneous Effects of Social Assistance and Unemployment Insurance

The Heterogeneous Effects of Social Assistance and Unemployment Insurance
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ISBN-10 : OCLC:1381440618
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Book Synopsis The Heterogeneous Effects of Social Assistance and Unemployment Insurance by : Peter Haan

Download or read book The Heterogeneous Effects of Social Assistance and Unemployment Insurance written by Peter Haan and published by . This book was released on 2023 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: We empirically analyze the heterogeneous welfare effects of unemployment insurance and social assistance. We estimate a structural life-cycle model of singles' and married couples' labor supply and savings decisions. The model includes heterogeneity by age, education, wealth, sex and household composition. In aggregate, social assistance dominates unemployment insurance; however, the opposite holds true for married men, whose leisure time declines more than that of their spouses when unemployment insurance is reduced. A revenue-neutral rebalancing of social support away from unemployment insurance and toward social assistance increases aggregate welfare. Income pooling in married households decreases the welfare value of social assistance.


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