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Insurance against risk? Cost and compensation of job loss in different welfare states

29 November 2023, 1:00 pm–2:00 pm

Students talking about careers. Image: Matt Clayton for UCL

Join this event to hear Selçuk Bedük analyse and compare the economic cost and compensation of job loss in four countries: Denmark, Finland, Germany and the UK.

This event is free.

Event Information

Open to

All

Availability

Yes

Cost

Free

Organiser

Greta Morando

Location

Room G03
55-59 Gordon Square
London
WC1H 0NU

In this seminar, Selçuk will examine several key questions, including i) who experiences job loss; ii) how and to what extent are income losses compensated through the market, within the household and by the social security programmes; iii) how much household income is lost in the years following a job loss (after accounting for all compensations); and iv) whether compensations and losses are more significant for poorer households; and if so, whether more job loss means higher income inequality.

By comparing the experiences of households in different countries, he will provide insights into the effectiveness of different welfare state policies for insuring incomes against job loss.


This event will be particularly useful for academics and policy makers.

Please note this is a hybrid event and can be joined either in-person or online.


Related links

About the Speaker

Selçuk Bedük

Lecturer in Comparative Social Policy at the University of Oxford

His research is centred around the central questions of poverty, inequality and comparative social policy: how do we best measure poverty? How does inequality accumulate over the life course and transmit across generations? Which welfare systems best reduce poverty and inequality, and provide security for all?

Some of his current research examines the intergenerational transmission of wealth in the UK, the effects of major life course events (e.g. job loss, partnership dissolution, childbirth) on household incomes and overall income inequality, and the minimum income floor and long-term poverty in high-income countries.