Showing 1 - 10 of 13
In this paper I analyse a labour market where the wage is endogenously determined according to an Efficient Bargaining process between a firm and a labour union whose members are partitioned into two social groups: the old and the young. Furthermore, I exploit the Single-Mindedness theory, which...
Persistent link: https://www.econbiz.de/10005789327
This work intends to specify a formula for the optimal taxation in Probabilistic Voting Models with Single Mindedness Theory. The goal is to find an equivalent expression to the Ramsey’s rule for a political economy environment where Governments are assumed to be Leviathans rather than...
Persistent link: https://www.econbiz.de/10005789305
The Great Recession did not only affect European countries to a varying extent, its impact onnational labour markets and on specific socio-economic groups in those markets also variedgreatly. Institutional arrangements such as employment protection, unemployment insurancebenefits and minimum...
Persistent link: https://www.econbiz.de/10009522203
In this paper I analyse a probabilistic voting model where self-interested governments set their taxation policies in order to maximise the probabil- ity of winning elections. Society is divided into groups which have di¤erent preferences for the consumption of goods. Results show how...
Persistent link: https://www.econbiz.de/10005837172
This very brief paper aims to provide some little microeconomic hints in order to explain the early retirement of workers. In particular, the hipothesis of quasi-concavity of the utility function, differences in wage rates and in pension benefits are all factors which may contribute to force a...
Persistent link: https://www.econbiz.de/10005837373
This paper deals with the impact of electoral competition on politicians' outside earnings. We propose a simple theoretical model with politicians facing a tradeoff between allocating their time to political effort or to an alternative use generating outside earnings. The model has a testable...
Persistent link: https://www.econbiz.de/10005187286
In this paper I will introduce a new political economy model, where there exists a competition amongst two political candidates, which aim to set a policy which enables them to win elections, max- imising the probability of winning. I will show that, if taxes neces- sary to repay the debt are...
Persistent link: https://www.econbiz.de/10005616677
The central purpose of this paper is to introduce a new political economy approach which explains the characteristics of Social Security Systems. This approach is based on the Single-Mindedness Theory (SMT), which assumes that the more single-minded groups are able to exert a greater power of...
Persistent link: https://www.econbiz.de/10005619317
In this paper I analyse a labour market where the wage is endogenously determined according to an Efficient Bargaining process between a firm and a labour union whose members are partitioned into two social groups: the old and the young. Furthermore, I exploit the Single-Mindedness theory, which...
Persistent link: https://www.econbiz.de/10005619925
The split work shift has been argued as one of the reasons behind the different Spanish time schedule, characterized by reduced sleep and a more difficult work-family balance. This paper presents direct evidence on the effect that being on a split shift has on Spanish workers’ wellbeing and...
Persistent link: https://www.econbiz.de/10011108557