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Meier, Volker - CESifo - 2002

The impacts of introducing work requirements for welfare recipients are studied in an efficiency wage model. If the workfare package is not mandatory, it will reduce employment, profits, and utility levels of employed and unemployed workers. In contrast, mandatory effort requirements will...

Persistent link: https://www.econbiz.de/10005406407

Absenteeism, Unemployment and Employment Protection Legislation: Evidence from Italy

Scoppa, Vincenzo; Vuri, Daniela - CESifo - 2013

discourages employee shirking in asymmetric information contexts. Our empirical analysis aims to verify the role of unemployment … sickness absences as an empirical proxy for employee shirking. Controlling for a number of individual and firm characteristics …

Persistent link: https://www.econbiz.de/10010877736

State-Owned Enterprises, Shirking and Trade Liberalization

Madanmohan, Ghosh; Whalley, John - CESifo - 2000

We explore the implications of trade liberalization in economies with State Owned enterprises (SOEs) and shirking. SOEs … Pareto optimality in SOE economies can be large and trade liberalization acts to discipline shirking associated with these … especially the case where SOEs account for a significant fraction of economic activity and shirking is involved. …

Persistent link: https://www.econbiz.de/10005406226

Social Relations and Relational Incentives

Dur, Robert; Tichem, Jan - CESifo - 2012

This paper studies how social relationships between managers and employees affect relational incentive contracts. To this end we develop a simple dynamic principal-agent model where both players may have feelings of altruism or spite toward each other. The contract may contain two types of...

Persistent link: https://www.econbiz.de/10010877789

Time Limits on Welfare Use under Involuntary Unemployment

Holzner, Christian; Meier, Volker; Werding, Martin - CESifo - 2004

The impacts of introducing or tightening time limits on welfare use are studied in an efficiency wage model. Those losing access to regular benefits receive some smaller benefit, which can be interpreted as food stamps. Stricter time limits raise both employment and profits and generally reduce...

Persistent link: https://www.econbiz.de/10005766157

Training, Job Security and Incentive Wages

Katsimi, Margarita - CESifo - 2003

job tenure represents a disamenity that reduces the penalty from shirking. As this disamenity increases, workers have an …

Persistent link: https://www.econbiz.de/10005766234

Redundancy Pay and Collective Dismissals

Goerke, Laszlo - CESifo - 2001

Redundancy payments for collective dismissals are incorporated into a Shapiro-Stiglitz model of efficiency wages. It is shown that a fixed payment will lower wages, leave employment and welfare unaffected if there are no wage-dependent taxes, no additional firing costs and if unemployment...

Persistent link: https://www.econbiz.de/10005181403

Monopolistic Competition, Efficiency Wages and Perverse Effects of Demand Shock

Malley, Jim; Molana, Hassan - CESifo - 2001

In this paper we construct a stylised general equilibrium macromodel to show that demand led expansions may have unexpected effects when market imperfections lead to changes in labour productivity. We find some empirical support, from a number of European countries, for the main predictions of...

Persistent link: https://www.econbiz.de/10005181466

Workfare, Monitoring, and Efficiency Wages

Holzner, Christian; Meier, Volker; Werding, Martin - CESifo - 2006

The impact of a stronger work requirement for welfare recipients in a workfare program is studied in an efficiency wage model where a representative firm chooses its level of monitoring activities. A stricter workfare policy raises employment and monitoring activities. It typically increases...

Persistent link: https://www.econbiz.de/10005405856

Fiscal Policy, Economic Integration and Unemployment

Eggert, Wolfgang; Goerke, Laszlo - CESifo - 2003

In this paper fiscal policy is examined for an open economy characterised by unemployment due to efficiency wages. We allow for capital and firm mobility in a model where the government chooses the level of wage, source-based capital and profit taxation. The taxing choices of governments are...

Persistent link: https://www.econbiz.de/10005405914