Unemployment Insurance Law. Average Replacement Rate.
| Quick info | |
|---|---|
| Data type | Numeric |
| Scale | Metric |
| Value labels | 0-1 as percentages |
| Technical name | labor_unemp_benefit_rate |
| Category | Labour and labour market |
| Label | Unemployment Insurance Law. Average Replacement Rate. |
| Related indicators | Unemployment Insurance Law. Average Replacement Rate 6 Months.
Unemployment Insurance Law. Duration of Benefits. Unemployment Insurance Law. Maximum Duration of Benefits. Unemployment Insurance Law. Benefit Progressivity. |
This variable indicates the average monthly replacement rate based on a "standard worker" concept. The "standard worker" is defined as:
- 40 years of age
- worked or contributed for 12 months over the last 24 months before unemployment
- income is equal to the national average income
The average monthly replacement rate is based on whatever is the determined duration for a worker with these criteria.
Coding rules
Bibliographic info
Citation:
Related publications:
Misc
Project manager(s): Felix Lanver (A02)
Data release:
Revisions:
