This article presents a new decomposition of unit labour costs into compensation per worker and labour productivity … countries and the US show that the evolution of labour productivity components counteracts the deterioration in countries' cost …

This study aims at evaluating the actual profile of marginal productivity across the age groups within the workforce …. As age-productivity profile might differ between occupations, we differentiate the workforce simultaneously by skills … dataset for manufacturing, services and trade sectors. Labour productivity is found to be the lowest for the low-skilled older …

This paper aims at presenting the insurance cost-of-capital com- putation issue. It highlights two methodologies … premium adopted by supervisory authorities. These strategies are based either on market return of insurance companies or on … the modelling of insurance business profit and loss. We estimate a cost-of-capital rate corre- sponding to these basic …

. Furthermore, farmers have little access to traditional crop insurance, which suffers from high information asymmetry and … design such projects in order to choose the meteorological index, the indemnity schedule and the insurance premium, is …

We study an economy where intermediaries compete over contracts in a nonexclusive insurance market affected by moral …

We consider a competitive insurance market in which agents can privately enter into multicontractual insurance … relationships and undertake hidden actions. We study the existence of linear equilibria when insurance companies do not have any … types of linear equilibria could exist: A first one in which insurance companies make zero expected profits, and a second …

systems may coexist: insurance and assistance. Insurance level is set by consensus between firms and unions, whereas … assistance expenditures are set by a majority vote in parliament. Social insurance can be manipulated to influence preferences in … emergence of a mixed model: assistance increases to complement existing insurance, not to replace it. A time series cross …