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workforce common to all EU member countries: flows from regular employment to non-employment are very often dead-ends. A vast …-term unemployed or leave the workforce altogether, never to regain regular employment even after as long as twenty years. Many join … the ranks of the irregular economy, many drop out of the labour force. "Workforce disposal" refers to the process …
Persistent link: https://www.econbiz.de/10010884397
aspect of the EITC that has received little attention thus far is its role as a public insurance program. Yet, the structure … to both wages and changes in family structure. Our study provides the first quantitative statement about the insurance … demographic risk, but have only limited self-insurance capacity. We use the model to compare outcomes under the EITC to the …
Persistent link: https://www.econbiz.de/10010884161
Do migrants send remittances as a way of obtaining insurance? While this motive is theoretically suggested in the … a "purchase of self-insurance" motive to remit, we also provide evidence of more remittances sent by risk averse …
Persistent link: https://www.econbiz.de/10010884255
drive the demand for risk reduction, and some to alter both. Our findings suggest that 30 percent of all insurance payments …
Persistent link: https://www.econbiz.de/10010959599
partial insurance of parental investments against permanent income shocks, but the magnitude of the estimated responses is … small. We cannot reject the hypothesis full insurance against temporary shocks. Another interpretation of our findings is … that there is very little insurance available, but the fact that skill is a non-separable function of parental investments …
Persistent link: https://www.econbiz.de/10011265290
The potentially adverse labor market effects of severance pay mandates are a continuing source of policy concern. In a seminal study, Lazear (1990) found that contract avoidance of severance pay firing costs was theoretically simple – a bonding scheme would do – but that empirically the...
Persistent link: https://www.econbiz.de/10009225769
This paper analyzes data from a novel field experiment designed to test the impact of two different insurance products … simulated by a lottery. Risk-sharing is possible in solidarity groups of three and insurance is introduced via less risky … insurance if shocks are observable. Depending on insurance design, there is also evidence for persistence of this effect even if …
Persistent link: https://www.econbiz.de/10009646309
with no paternal shock. In contrast, there was a negligible insurance response for mothers with no employment protection. …
Persistent link: https://www.econbiz.de/10010670824
We use panel data from El Salvador and investigate the intra-household allocation of labor as a risk-coping strategy. Adverse agricultural productivity shocks both increased male migration to the US and male agricultural labor supply. This is not a contradiction if there were non-monotonic...
Persistent link: https://www.econbiz.de/10005761832
technological change along with the increase in the generosity of health insurance may explain independently 53% of the rise in … health spending (insurance 29% and technology 24%) while income less than 10%. By simultaneously occurring over this period … 59% of the rise in life expectancy at age 50 over this period while insurance and income explain less than 10%. …
Persistent link: https://www.econbiz.de/10008558944