Exploring Underlying Dimensions of Unemployment Benefits in Slovenia and Enterprise-Level Implications

This paper aims to define the underlying dimensions of unemployment benefits in Slovenia using the principal component approach. We identified three determinants of unemployment benefits: the general economic environment, social protection, and the functioning of the labour market. Results of the re...

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Bibliographic Details
Main Authors: Laura Južnik Rotar, Sabina Krsnik
Format: Article
Language:English
Published: University of Split, Faculty of Economics 2022-01-01
Series:Management : Journal of Contemporary Management Issues
Subjects:
Online Access:https://hrcak.srce.hr/file/396344
Description
Summary:This paper aims to define the underlying dimensions of unemployment benefits in Slovenia using the principal component approach. We identified three determinants of unemployment benefits: the general economic environment, social protection, and the functioning of the labour market. Results of the research show that the poorer the general economic environment, the greater the pressure on unemployment benefits. Second, the more generous the social protection on the labour market is, the higher the pressure on unemployment benefits. Third, poor functioning of the labour market increases the pressure on unemployment benefits, although the last effect was found not to be statistically significant.
ISSN:1331-0194
1846-3363