Table :

TABLE 30.2 Unemployment Benefit Replacement Rates in Europe vs. the United States, 1994

 

First Year

Second and Third Year

Fourth and Fifth Year

France

80%

62%

60%

Germany

74%

72%

72%

Spain

70%

55%

39%

United States

38%

14%

14%

Note: The data cover a worker with a dependent spouse and are net rates after taking into account taxes and other benefits.

Source: Ljungqvist L. and T. Sargent. 1998. The European unemployment dilemma. Journal of Political Economy 106(3): 514-550.

Martin, John P. 1996. Measures of replacement rates for the purpose of international comparisons: A note. OECD Economic Studies (26): 99-115.