01771cas a2200241 a 4500 AALejournalIMF009134 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451842128 1018-5941 BD-DhAAL BD-DhAAL Snower, Dennis. The Simple Economics of Benefit Transfers / Dennis Snower. Washington, D.C. : International Monetary Fund, 1995. 1 online resource (42 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students The paper examines the employment and unemployment implications of permitting unemployed people to use part of their unemployment benefits to provide employment vouchers to the firms that hire them. This opportunity to transfer unemployment benefits into employment subsidies--'benefit transfers' for short--would help replace the unemployment trap by an incentive to work. The vouchers rise with people's unemployment durations and with the amount of training provided. The policy would be costless to the government since the cost of the employment vouchers is set equal to the amount saved on unemployment benefits. It would not be inflationary since the long-term unemployed, on whom the vouchers are targeted, have little influence on wage setting. Mode of access: Internet IMF Working Papers; Working Paper ; No. 1995/005 Full text available on IMF http://elibrary.imf.org/view/journals/001/1995/005/001.1995.issue-005-en.xml IMF e-Library