{"id":115105,"date":"2024-01-22T19:13:39","date_gmt":"2024-01-22T18:13:39","guid":{"rendered":"https:\/\/www.wifo.ac.at\/publication\/115105\/"},"modified":"2024-07-23T14:33:45","modified_gmt":"2024-07-23T12:33:45","slug":"the-role-of-the-social-protection-as-economic-stabiliser-lessons-from-the-current-crisis","status":"publish","type":"publication","link":"https:\/\/www.wifo.ac.at\/en\/publication\/115105\/","title":{"rendered":"The Role of the Social Protection as Economic Stabiliser. Lessons from the Current Crisis"},"content":{"rendered":"","protected":false},"featured_media":0,"template":"","class_list":["post-115105","publication","type-publication","status-publish","hentry"],"acf":{"subtitle":"","text":"Social protection, in particular unemployment benefits, minimum income support and progressive taxation, have significantly contributed to reducing the depth and the duration of the current recession in EU countries and to stabilising labour markets and consumption. Not only does social protection provide a safety net for those groups which have been hit hardest by the crisis, it has also a stabilising effect on the overall demand for goods and services produced in the economy. Discretionary action in the field of social and labour market policy, pursued in most European economies, included a broad range of measures, such as employment incentives, higher benefits and increased transfers to low-income households. Further action, however, is needed to overcome inequalities in access to social protection faced by non-standard workers, and in designing a suitable exit strategy from discretionary stimulus in order to limit the fiscal constraints generated by anti-crisis policies.","onlinedate":"2011-03-11 01:00:00","lang":"English","publication_series":"","publication_date":"20101201","publication_date_year":"","publication_date_full":false,"publication_num_pages":"186","keywords":"[]","jelcodes":"[]","related_publications":"[]","pdf":null,"zip":null,"link":"http:\/\/www.europarl.europa.eu\/activities\/committees\/studies\/download.do?language=en&file=33251","monthly_report":false,"monthly_report_main":false,"monthly_report_volume":"","monthly_report_pages":"","monthly_report_pages_sort":"0","issue":"","journal":"","publisher":"","invisible":false,"external":false,"embargo_date":null,"types":[81966],"research_groups":[3500,3510],"collaboration":"","persons":[15151,11281,15157,11275,3567,3679,4043,4799,11273,11269,11265,11261],"persons_data":"[{\"personId\":15151,\"personName\":\"Werner Eichhorst\",\"organisationNames\":[]},{\"personId\":11281,\"personName\":\"Mathias Dolls\",\"organisationNames\":[]},{\"personId\":15157,\"personName\":\"Paul Marx\",\"organisationNames\":[]},{\"personId\":11275,\"personName\":\"Andreas Peichl\",\"organisationNames\":[\"IZA\"]},{\"personId\":3567,\"personName\":\"Stefan Ederer\",\"organisationNames\":[]},{\"personId\":3679,\"personName\":\"Thomas Leoni\",\"organisationNames\":[]},{\"personId\":4043,\"personName\":\"Markus Marterbauer\",\"organisationNames\":[]},{\"personId\":4799,\"personName\":\"Lukas Tockner\",\"organisationNames\":[]},{\"personId\":11273,\"personName\":\"Gaetano Basso\",\"organisationNames\":[\"FRDB\"]},{\"personId\":11269,\"personName\":\"Maarten Gerard\",\"organisationNames\":[]},{\"personId\":11265,\"personName\":\"Ingrid Vanhoren\",\"organisationNames\":[\"IDEA Consult\"]},{\"personId\":11261,\"personName\":\"Connie Nielsen\",\"organisationNames\":[\"NIRAS\"]}]","clients":[115108],"subclients":[],"partners":[8870,115106,8937,9559,115107],"topics":[],"host_publication_title":"","host_publication_subtitle":"","place_of_publication":"","host_publication_editors":"[]","type_description":"","output_media":"","chapter":"","article_number":"","citations":"{\"apa\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_apa rendering_bookanthology rendering_apa rendering_bookanthology_apa\\\">Eichhorst, W., Dolls, M., Marx, P., Peichl, A.<span>, Ederer, S.<\\\/span><span>, Leoni, T.<\\\/span><span>, Marterbauer, M.<\\\/span><span>, Tockner, L.<\\\/span>, Basso, G., Gerard, M., Vanhoren, I., &amp; Nielsen, C. (2010). <span><em>The Role of the Social Protection as Economic Stabiliser. Lessons from the Current Crisis<\\\/em><\\\/span>. WIFO, Institute for the Study of Labor, Fondazione Rodolfo DeBenedetti, IDEA Consult, NIRAS Consultants A\\\/S. <a onclick=\\\"window.open(this.href, '_blank','noopener,noreferrer'); return false;\\\" href=\\\"http:\\\/\\\/www.europarl.europa.eu\\\/activities\\\/committees\\\/studies\\\/download.do?language=en&amp;file=33251\\\" class=\\\"link\\\"><span>http:\\\/\\\/www.europarl.europa.eu\\\/activities\\\/committees\\\/studies\\\/download.do?language=en&amp;file=33251<\\\/span><\\\/a><\\\/div>\",\"vancouver\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_vancouver rendering_bookanthology rendering_vancouver rendering_bookanthology_vancouver\\\">Eichhorst W, Dolls M, Marx P, Peichl A<span>, Ederer S<\\\/span><span>, Leoni T<\\\/span> et al. <span class=\\\"title\\\"><span>The Role of the Social Protection as Economic Stabiliser. Lessons from the Current Crisis<\\\/span><\\\/span>. WIFO, Institute for the Study of Labor, Fondazione Rodolfo DeBenedetti, IDEA Consult, NIRAS Consultants A\\\/S; 2010.<\\\/div>\",\"bibtex\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_bibtex rendering_bookanthology rendering_bibtex rendering_bookanthology_bibtex\\\"><div>@book{d772c616ae4d4bf4b7fee05cbd7692ae,<\\\/div><div>  title    = \\\"The Role of the Social Protection as Economic Stabiliser. Lessons from the Current Crisis\\\",<\\\/div><div>  abstract = \\\"Social protection, in particular unemployment benefits, minimum income support and progressive taxation, have significantly contributed to reducing the depth and the duration of the current recession in EU countries and to stabilising labour markets and consumption. Not only does social protection provide a safety net for those groups which have been hit hardest by the crisis, it has also a stabilising effect on the overall demand for goods and services produced in the economy. Discretionary action in the field of social and labour market policy, pursued in most European economies, included a broad range of measures, such as employment incentives, higher benefits and increased transfers to low-income households. Further action, however, is needed to overcome inequalities in access to social protection faced by non-standard workers, and in designing a suitable exit strategy from discretionary stimulus in order to limit the fiscal constraints generated by anti-crisis policies.\\\",<\\\/div><div>  author   = \\\"Werner Eichhorst and Mathias Dolls and Paul Marx and Andreas Peichl and Stefan Ederer and Thomas Leoni and Markus Marterbauer and Lukas Tockner and Gaetano Basso and Maarten Gerard and Ingrid Vanhoren and Connie Nielsen\\\",<\\\/div><div>  year     = \\\"2010\\\",<\\\/div><div>  month    = dec,<\\\/div><div>  language = \\\"English\\\",<\\\/div><p>}<\\\/p><\\\/div>\",\"ris\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_ris rendering_bookanthology rendering_ris rendering_bookanthology_ris\\\"><p>TY  - BOOK<\\\/p><p>T1  - The Role of the Social Protection as Economic Stabiliser. 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Discretionary action in the field of social and labour market policy, pursued in most European economies, included a broad range of measures, such as employment incentives, higher benefits and increased transfers to low-income households. Further action, however, is needed to overcome inequalities in access to social protection faced by non-standard workers, and in designing a suitable exit strategy from discretionary stimulus in order to limit the fiscal constraints generated by anti-crisis policies.<\\\/p><p>AB  - Social protection, in particular unemployment benefits, minimum income support and progressive taxation, have significantly contributed to reducing the depth and the duration of the current recession in EU countries and to stabilising labour markets and consumption. Not only does social protection provide a safety net for those groups which have been hit hardest by the crisis, it has also a stabilising effect on the overall demand for goods and services produced in the economy. Discretionary action in the field of social and labour market policy, pursued in most European economies, included a broad range of measures, such as employment incentives, higher benefits and increased transfers to low-income households. Further action, however, is needed to overcome inequalities in access to social protection faced by non-standard workers, and in designing a suitable exit strategy from discretionary stimulus in order to limit the fiscal constraints generated by anti-crisis policies.<\\\/p><p>M3  - Study<\\\/p><p>BT  - The Role of the Social Protection as Economic Stabiliser. Lessons from the Current Crisis<\\\/p><p>ER  - <\\\/p><\\\/div>\"}","scientific_assistance":"[]","scientific_review":"[]","version":"","release_date":null,"expiration_date":null,"surveyor":"","research_assistance":"","edv":"","additional_info_de":"","additional_info_en":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>The Role of the Social Protection as Economic Stabiliser. Lessons from the Current Crisis - WIFO<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.wifo.ac.at\/en\/publication\/115105\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The Role of the Social Protection as Economic Stabiliser. 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