Salerno, Nicola Carmine and Pammolli, Fabio (2012): La Riforma del Welfare, il Paygo, i nuovi Ammortizzatori per il Mercato del Lavoro. Published in: CeRM Short Economic Notes (15. April 2012): pp. 1-8.
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The scale of PayGo has a maximum level of functioning over which nevative effects prevail over positive ones.
This means that, with almost all PayGo possibilities dedicated to pensions and health care (acute and Ltc), little or nothing remains for financing unemployment benefits schemes or other welfare expenditures.
This "saturation" of PayGo possibilities clearly emerges in the projections contained in the Stability Program of Italy, 2012 issue.
The same "saturation" situation would probably emerge if computations were developed on the Stability Program of any Western Europe country.
|Item Type:||MPRA Paper|
|Original Title:||La Riforma del Welfare, il Paygo, i nuovi Ammortizzatori per il Mercato del Lavoro|
|English Title:||Reform of Welfare System, Scale of functioning of PayGo, and development of modern Unemployment Benefits|
|Keywords:||Welfare System PayGo; Pensions Expenditure; Halth Care Expenditure; Ltc; PayGo Burden; Sustainability; Long Term; Stability Program; Multipillar; Structural Reform|
|Subjects:||D - Microeconomics > D3 - Distribution > D30 - General
I - Health, Education, and Welfare > I0 - General
H - Public Economics > H5 - National Government Expenditures and Related Policies > H53 - Government Expenditures and Welfare Programs
D - Microeconomics > D6 - Welfare Economics > D60 - General
|Depositing User:||Nicola Carmine Salerno|
|Date Deposited:||27. Apr 2012 13:43|
|Last Modified:||12. Feb 2013 12:00|
CeRM omputations on "Stability Program of Italy", April 2012 issue