Home > Research > Publications & Outputs > Deprivation using satisfaction measures in Spai...
View graph of relations

Deprivation using satisfaction measures in Spain: An evaluation of unemployment benefits

Research output: Contribution to journalJournal article

Published

Standard

Deprivation using satisfaction measures in Spain: An evaluation of unemployment benefits. / Labeaga, José M.; Molina, José Alberto; Navarro Paniagua, Maria.

In: Journal of Policy Modeling, Vol. 33, No. 2, 03.2011, p. 287-310.

Research output: Contribution to journalJournal article

Harvard

APA

Vancouver

Author

Labeaga, José M. ; Molina, José Alberto ; Navarro Paniagua, Maria. / Deprivation using satisfaction measures in Spain: An evaluation of unemployment benefits. In: Journal of Policy Modeling. 2011 ; Vol. 33, No. 2. pp. 287-310.

Bibtex

@article{04fedd12160b48558bec0627bd5a8f21,
title = "Deprivation using satisfaction measures in Spain: An evaluation of unemployment benefits",
abstract = "The evaluation of social programs constitutes an important aspect in the modeling of economic policies. On the basis that the measurement of well being through subjective measures provides a broader perspective than through objective economic variables, this paper first identifies the determinants of deprivation in Spain, in monetary terms, and in non-monetary terms using satisfaction variables. In addition to establishing that the more unequal the income distribution within a group, the less income-satisfied is the individual, we find that unemployment is one of the main determinants of deprivation and satisfaction. Accordingly, we propose a reform of unemployment benefit policy that maintains individuals at the same utility level as when employed, rather than applying the current benefit system. Our policy conclusions reveal that the public budget dedicated to paying benefits to restore satisfaction levels, during the period 1994–1999, would have increased by €2,536,165.13 thousand on an average annually. It could be a desirable policy in good times but, since it increases public spending and thus public deficit, economic policy makers should decide whether it is adequate in rainy days.",
keywords = "Deprivation, Satisfaction , SPAIN, Unemployment benefits",
author = "Labeaga, {Jos{\'e} M.} and Molina, {Jos{\'e} Alberto} and {Navarro Paniagua}, Maria",
year = "2011",
month = "3",
doi = "10.1016/j.jpolmod.2010.12.006",
language = "English",
volume = "33",
pages = "287--310",
journal = "Journal of Policy Modeling",
issn = "0161-8938",
publisher = "Elsevier",
number = "2",

}

RIS

TY - JOUR

T1 - Deprivation using satisfaction measures in Spain: An evaluation of unemployment benefits

AU - Labeaga, José M.

AU - Molina, José Alberto

AU - Navarro Paniagua, Maria

PY - 2011/3

Y1 - 2011/3

N2 - The evaluation of social programs constitutes an important aspect in the modeling of economic policies. On the basis that the measurement of well being through subjective measures provides a broader perspective than through objective economic variables, this paper first identifies the determinants of deprivation in Spain, in monetary terms, and in non-monetary terms using satisfaction variables. In addition to establishing that the more unequal the income distribution within a group, the less income-satisfied is the individual, we find that unemployment is one of the main determinants of deprivation and satisfaction. Accordingly, we propose a reform of unemployment benefit policy that maintains individuals at the same utility level as when employed, rather than applying the current benefit system. Our policy conclusions reveal that the public budget dedicated to paying benefits to restore satisfaction levels, during the period 1994–1999, would have increased by €2,536,165.13 thousand on an average annually. It could be a desirable policy in good times but, since it increases public spending and thus public deficit, economic policy makers should decide whether it is adequate in rainy days.

AB - The evaluation of social programs constitutes an important aspect in the modeling of economic policies. On the basis that the measurement of well being through subjective measures provides a broader perspective than through objective economic variables, this paper first identifies the determinants of deprivation in Spain, in monetary terms, and in non-monetary terms using satisfaction variables. In addition to establishing that the more unequal the income distribution within a group, the less income-satisfied is the individual, we find that unemployment is one of the main determinants of deprivation and satisfaction. Accordingly, we propose a reform of unemployment benefit policy that maintains individuals at the same utility level as when employed, rather than applying the current benefit system. Our policy conclusions reveal that the public budget dedicated to paying benefits to restore satisfaction levels, during the period 1994–1999, would have increased by €2,536,165.13 thousand on an average annually. It could be a desirable policy in good times but, since it increases public spending and thus public deficit, economic policy makers should decide whether it is adequate in rainy days.

KW - Deprivation

KW - Satisfaction

KW - SPAIN

KW - Unemployment benefits

U2 - 10.1016/j.jpolmod.2010.12.006

DO - 10.1016/j.jpolmod.2010.12.006

M3 - Journal article

VL - 33

SP - 287

EP - 310

JO - Journal of Policy Modeling

JF - Journal of Policy Modeling

SN - 0161-8938

IS - 2

ER -