Showing 1 - 10 of 209
moral hazard problems for firms, leading to the inefficient monitoring of absences or to an underinvestment in their …
Persistent link: https://www.econbiz.de/10009320787
Since its inception, the traditional form of providing survivor benefits within public pension schemes has lost much of its legitimacy. As a result of fundamental changes in marriage behaviour and the typical division of labour between married spouses, offering non-contributory benefits of this...
Persistent link: https://www.econbiz.de/10005094292
In 1996, statutory sick pay was reduced for private sector workers in Germany. Using the empirical observation that trade union members are dismissed less often than non-members, we construct a model to predict how absence behaviour will respond to the sick pay reform. We show that union members...
Persistent link: https://www.econbiz.de/10010568608
are referred to? Does information to job seekers about increased monitoring affect the probability of applying and the … result in job applications. Information about intensified monitoring causes an increase in the probability of job application …
Persistent link: https://www.econbiz.de/10005765729
When a principal’s monitoring information is private (non-verifiable), the agent should be concerned that the principal …, when rescaling is feasible, private monitoring is more efficient than public monitoring subject to collusion because non …
Persistent link: https://www.econbiz.de/10011249563
unemployed to front-load search effort prior to monitoring. This causes the job finding rate to increase above the post sanction …
Persistent link: https://www.econbiz.de/10009371346
. Finally, as an extension, we endogenize intermediation, in the form of monitoring, and show that it may be oversupplied in …
Persistent link: https://www.econbiz.de/10008727277
An authority delegates a monitoring task to an agent. It can only observe the number of detected offenders, but neither … the monitoring intensity chosen by the agent nor the resulting level of misbehavior. We provide a necessary and sufficient … condition for the implementability of monitoring policies. Typically, several monitoring intensities give rise to the same …
Persistent link: https://www.econbiz.de/10010752436
job search is verified. The threat of monitoring increases transitions to employment, but of lower quality. In the less …
Persistent link: https://www.econbiz.de/10008799748
This paper extends the Mirrlees (1971) model of optimal non-linear income taxation with a monitoring technology that … the joint determination of the non-linear monitoring and tax schedules and the conditions under which these can be … implemented. Monitoring of labor effort reduces the distortions created by income taxation and raises optimal marginal tax rates …
Persistent link: https://www.econbiz.de/10010877903