Politická ekonomie 2015, 63(4):498-516 | DOI: 10.18267/j.polek.1032

Odhad nákladov nezamestnanosti v podmienkach slovenskej ekonomiky

Tomáą Domonkos, Brian König
Ekonomický ústav SAV, Bratislava.

Estimation of the Cost of Unemployment in Slovak Republic

The aim of the presented paper is to estimate the cost of unemployment in the Slovak Economy. The cost of unemployment can be divided into a direct component, composed of decreasing government revenues due to reduced direct taxes and social contribution payments from the employees and the employers; increased public spending on unemployment benefi ts, social security and health insurance and finally increased expenditures on running the administration of unemployed persons and active labor market policies. The second part, consisting of indirect costs, is composed of one component, represented by the decreasing collection of indirect taxes. The analysis showed that the average estimated real monthly cost per one unemployed throughout the years 2008-2012 fall within the range from 416 euros to 588 euros.

Keywords: unemployment, cost of unemployment, labor market, direct costs of unemployment, indirect costs of unemployment
JEL classification: E24, J64

Published: August 1, 2015  Show citation

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Domonkos, T., & König, B. (2015). Estimation of the Cost of Unemployment in Slovak Republic. Politická ekonomie, 63(4), 498-516. doi: 10.18267/j.polek.1032
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