Unemployment Benefits and Household Credit Risk

In Norway the wage replacement rate, i.e. the proportion of wage income that is replaced by unemployment benefit, falls with high income. At the same time, the distribution of debt is skewed towards high-income earners. This paper maps out the wage replacement rate across Norwegian households and discuss credit risk in the event of unemployment.

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Year of publication:	2014
Authors:	Lindquist, Kjersti-Gro ; Vatne, Bjørn Helge
Publisher:	Oslo : Norges Bank

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Series:	Staff Memo ; 17/2014
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Research Report
Language:	English
ISBN:	978-82-7553-838-1
Other identifiers:	806936010 [GVK] hdl:10419/210306 [Handle] hdl:11250/2506901 [Handle]
Source:	EconStor

Persistent link: https://www.econbiz.de/10012144095