The Impact of Unemployment on Public Budgets. The Czech Republic Case-study
The Impact of Unemployment on Public Budgets. The Czech Republic Case-study

Author(s): Robert Jahoda, Jana Godarová
Subject(s): Labor relations, Public Finances, Fiscal Politics / Budgeting, Socio-Economic Research
Published by: Masarykova univerzita nakladatelství
Keywords: unemployment; social policy; public expenditure; tax revenue; economic modeling;
Summary/Abstract: The unemployment is one of the factors which have a direct impact on the performance of the economy. Furthermore, there is a direct link between the unemployment rate and the government budgetary position; unemployed persons usually draw on social benefits and their tax payments to public budgets are lower. This paper aims to comprehensively assess the impact of unemployment on the condition of both the income and the spending side of public budgets. We based our quantification of the impact of unemployment on public budgets on earlier published studies.

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