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Boosting work through welfare? Individual-level employment outcomes of social investment across European welfare states through the Great Recession.

Authors :
Ronchi, Stefano
Source :
Socio-Economic Review; Oct2023, Vol. 21 Issue 4, p2167-2189, 23p
Publication Year :
2023

Abstract

Given the heterogeneity of European welfare states, governments' efforts in 'social investment' reform may reap different outcomes in different national contexts. Through multi-level modelling based on longitudinal microdata from the EU Statistics on Income and Living Conditions (2004–2013) and on country-level policy indicators, this article assesses: whether citizens of countries that put higher budgetary efforts into social investment have better employment prospects and whether increasing such efforts over time improves employment chances within a country; whether people living in social investment-oriented welfare states maintained higher employment chances in the years of the Great Recession; whether micro-level employment outcomes depend on (in-)complementarities between investment- and protection-oriented policies. The results reveal that the most social investment-oriented welfare states show higher individual-level employment chances, which they were able to preserve during the Great Recession. However, increasing resources on social investments does not always yield empirically discernible returns over the short-to-medium term. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
14751461
Volume :
21
Issue :
4
Database :
Complementary Index
Journal :
Socio-Economic Review
Publication Type :
Academic Journal
Accession number :
172993910
Full Text :
https://doi.org/10.1093/ser/mwad039