Abstract
In the mass of social security expenditures, those which correspond to the replacement of lost income (e.g. compensations for unemployment or work injuries) represent a significant and growing part, at least in industrialized countries. As a result it is not surprising that the financial problems faced by the social security systems induce proposals to reduce the ratio between the compensation and the lost income or to shorten the period during which a compensation is paid. Besides, conditions to become eligible (e.g. length of the previous working period) are made more stringent almost everywhere.
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© 1988 D. Reidel Publishing Company, Dordrecht, Holland
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Eeckhoudt, L., Calcoen, F., Outreuille, J.F., Launers, M. (1988). The Income-Replacement Ratio: An Insurance Theory Approach. In: Munier, B.R. (eds) Risk, Decision and Rationality. Theory and Decision Library, vol 9. Springer, Dordrecht. https://doi.org/10.1007/978-94-009-4019-2_38
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DOI: https://doi.org/10.1007/978-94-009-4019-2_38
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