Showing 1 - 10 of 27
The new Medicare Part D program provides prescription drug coverage for older Americans through highly subsidized and tightly regulated plans offered by private insurance firms. For most eligible individuals without coverage from other sources, obtaining Part D coverage would be rational, but it...
Persistent link: https://www.econbiz.de/10009493826
This paper argues that equal per-capita health care premia offer no systematic advantage as an instrument of financing the welfare state. Either will simultaneous changes in the tax system be necessary to compensate their redistributive effects, in which case all efficiency gains derived from a...
Persistent link: https://www.econbiz.de/10005121225
yield a negative wage premium 13 years after it has been made official state language. While we do neither find evidence for …
Persistent link: https://www.econbiz.de/10011019339
Enlargement leads to surprising small job losses of less than 0.5 percent of total employment in Germany and of 1.5 percent in …
Persistent link: https://www.econbiz.de/10008494340
We formalize a conception of authority, which is commonly defined as the right of controlling a person’s actions embedded in human assets in sociology. Due to the inalienable property of human assets, the contractible formal authority is hard to verify and enforce, while real authority usually...
Persistent link: https://www.econbiz.de/10005187308
of qualification. Therefore it seems quite contradictory that a tremendous educational expansion in the USA is … accompanied by rising wage dispersion (overall and between educational groups). A second seemingly paradox development, which … resulting educational expansion firstly goes along with a composition effect which leads to wage dispersion. Secondly the …
Persistent link: https://www.econbiz.de/10005187360
The German apprenticeship system is often considered a role model for vocational education. Its influence on economic growth and technological progress through the provision of human capital to the workforce is widely acknowledged. But recent declines in the number of apprenticeships have led to...
Persistent link: https://www.econbiz.de/10005649805
Many people in the European Union fear that Eastern Enlargement will lead to major job losses. More recently, these fears about job losses have extended to high skill labor and IT jobs. The paper examines with new firm level data whether these fears are justified for the two neighboring...
Persistent link: https://www.econbiz.de/10005649808
incentives. The present article shows that in this case, a minimum wage increases implemented effort, i.e., realized service … quality, as well as the efficiency of an employment relationship. Hence, this paper can explain why productivity and service … quality went up after the introduction of the British National Minimum Wage, and that this might actually have caused a more …
Persistent link: https://www.econbiz.de/10010768961
This paper applies the theory of relational contracts to a model in which a couple decides whether to marry or cohabit, how many children to have and subsequently whether to stay together or separate. We make precise the idea that cooperation in a household can be supported by self interest....
Persistent link: https://www.econbiz.de/10010768962