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Social policy --- Income --- Labour market --- Developing countries --- Unemployment insurance. --- Supplemental unemployment benefits. --- Severance pay. --- Public works. --- Public works projects --- Buildings --- Construction projects --- Civil engineering --- Compensation, Dismissal --- Discharge benefits --- Dismissal pay --- Dismissal wage --- Lay-off compensation --- Redundancy payments --- Wages --- Unemployment benefits, Supplemental --- Unemployment insurance --- Insurance, Unemployment --- Unemployment benefits --- Unemployment compensation --- Income maintenance programs --- Insurance

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"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.

Severance pay --Case studies. --- Severance pay. --- Unemployment insurance --Case studies. --- Unemployment insurance. --- Severance pay --- Unemployment insurance --- Business & Economics --- Labor & Workers' Economics --- Insurance, Unemployment --- Unemployment benefits --- Unemployment compensation --- Compensation, Dismissal --- Discharge benefits --- Dismissal pay --- Dismissal wage --- Lay-off compensation --- Redundancy payments --- Wages --- Income maintenance programs --- Insurance

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Economic development --- Social security. --- Public welfare --- Unemployment insurance. --- Social aspects. --- Economic aspects. --- Insurance, Unemployment --- Unemployment benefits --- Unemployment compensation --- Income maintenance programs --- Insurance --- Benevolent institutions --- Poor relief --- Public assistance --- Public charities --- Public relief --- Public welfare reform --- Relief (Aid) --- Social welfare --- Welfare (Public assistance) --- Welfare reform --- Human services --- Social service --- Insurance, Social --- Insurance, State and compulsory --- Social insurance --- Government policy

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Unemployment insurance --- Labor & Workers' Economics --- Business & Economics --- Insurance, Unemployment --- Unemployment benefits --- Unemployment compensation --- Income maintenance programs --- Insurance --- History --- Government policy --- 332.631 --- 368.44 --- US / United States of America - USA - Verenigde Staten - Etats Unis --- Government policy&delete& --- Werkloosheidsverzekering (werkgelegenheidsbeleid) --- Werkloosheidsverzekering (sociale zekerheid)

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This Selected Issues paper and Statistical Appendix examines Portugal’s real convergence experience, and highlights the growth payoff of reform policies in determining the country’s rapid growth during most of the past decade. The paper identifies potential areas for reform by examining developments in the unemployment–vacancy relationship since the early 1980s. The paper highlights that an issue for Portugal as a prospective European Monetary Union member is that of the strength of its financial links with Spain. The paper also examines such linkages as derived from daily data on short-term interest rates.

Banks and Banking --- Foreign Exchange --- Inflation --- Labor --- Macroeconomics --- Unemployment: Models, Duration, Incidence, and Job Search --- Price Level --- Deflation --- Demand and Supply of Labor: General --- Interest Rates: Determination, Term Structure, and Effects --- Labour --- income economics --- Finance --- Currency --- Foreign exchange --- Public finance & taxation --- Unemployment --- Labor markets --- Short term interest rates --- Exchange rates --- Prices --- Financial services --- Unemployment benefits --- Expenditure --- Labor market --- Interest rates --- Portugal