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040 _aDLC
_cDLC
_dBD-DhNSU
041 _aeng
050 0 0 _aHD4928
_b.D5R44 2012
245 0 0 _aReforming severance pay :
_ban international perspective /
_cedited by Robert Holzmann and Milan Vodopivec.
260 _aWashington, D.C. :
_bWorld Bank,
_cc2012.
300 _axvi, 299 p. :
_bill. ;
_c26 cm.
504 _aIncludes bibliographical references.
505 _aSeverance pay under review : key issues, policy conclusions, and research agenda / Robert Holzmann and Milan Vodopivec -- Severance pay programs around the world : history, rationale, status, and reforms / Robert Holzmann, Yann Pouget, Milan Vodopivec, and Michael Weber -- Mandated severance pay and firing cost distortions : a critical review of the evidence / Donald O. Parsons -- The firing cost implications of alternative severance pay designs / Donald O. Parsons -- Effects of the Austrian severance pay reform / Helmut Hofer, Ulrich Schuh, and Dominik Walch -- Severance pay reform in the Republic of Korea / Jungyoll Yun and Jai-Joon Hur -- Unemployment insurance savings accounts in Latin America : overview and assessment / Ana M. Ferrer and W. Craig Riddell -- The welfare consequences of alternative designs of unemployment insurance savings accounts / Hugo Hopenhayn and Juan Carlos Hatchondo -- The new Chilean unemployment insurance system : combining individual accounts and redistribution in an emerging economy / Solange Berstein, Eduardo Fajnzylber, and Pamela Gana -- Reemployment incentives under the Chilean hybrid unemployment benefit program / Gonzalo Reyes, Jan C. van Ours, and Milan Vodopivec.
520 _a"Severance pay, a program that provides compensation to workers on termination of employment, is the most widely used income protection program for the unemployed--yet it is often blamed for creating economic inefficiencies such as reducing employment and limiting access to jobs for disadvantaged groups. Reforming Severance Pay: An International Perspective fills the knowledge gap in evaluating the international experience by providing a collection of worldwide overviews and labor market impact assessments, theoretical analyses, and country case studies. The authors summarize the performance of existing severance pay arrangements around the world and discuss recent innovative severance pay reforms in Austria, Chile, and the Republic of Korea. Reforming Severance Pay proposes policy directions based on country characteristics such as folding severance pay of higher income countries into existing social insurance programs and making severance pay a contractual affair between market partners to live up to the efficiency-enhancing device in a knowledge-based economy. For lower income countries, the authors advise reforming severance pay toward realistic benefit levels, strengthening compliance of benefit payments by the employer, and safeguarding minimum benefits. This report will be of interest to policy makers and researchers working on labor market, unemployment benefit, and pension issues; economic policy reform; poverty reduction; and social analysis and policy"--P. [4] of cover.
526 0 _aBusiness
526 0 _aAccounting & Finance
590 _aNuri Mahajabi
650 0 _aSeverance pay.
_923621
650 0 _aSeverance pay
_vCase studies.
_923622
650 0 _aUnemployment insurance.
_92666
650 0 _aUnemployment insurance
_vCase studies.
_92666
700 1 _aHolzmann, Robert
_eeditor
_923623
700 1 _aVodopivec, Milan
_eeditor
_923624
942 _2lcc
_cBK