Showing 1 - 10 of 32
What is the right balance among policy interventions in order to ensure economic growth over the long run when an epidemic causes heavy mortality among young adults? We argue that, in general, policies to combat the disease and promote education must be concentrated, in certain ways, on some...
Persistent link: https://www.econbiz.de/10005792201
Across African countries, prevention policies are unrelated to the prevalence of HIV/AIDS and, even in countries in which they were successful, these policies are often unstable or reversed. To explain these two puzzles, we propose a simple political economy model that examines how prevention...
Persistent link: https://www.econbiz.de/10011084348
Eleven percent of the Malawian population is HIV infected. Eighteen percent of sexual encounters are casual. A condom is used one quarter of the time. A choice-theoretic general equilibrium search model is constructed to analyze the Malawian epidemic. In the developed framework, people select...
Persistent link: https://www.econbiz.de/10011084502
We study the impact of employment quota on firms' demand for disabled workers. The Austrian Disabled Persons Employment Act (DPEA) requires firms to provide at least one job to a disabled worker per 25 non-disabled workers, a rule which is strictly enforced by non-compliance taxation. We find...
Persistent link: https://www.econbiz.de/10004973967
This paper focuses on the relation between the onset of disability and employment outcomes. We develop an event history … onset of a disability by around 138%. However, health shocks are relatively rare events and therefore the larger part of … observed disability rates result from gradual deteriorations in health. We find no direct effect of health shocks on employment …
Persistent link: https://www.econbiz.de/10005661885
labour force of healthy workers through disability insurance schemes. Two types of individuals, disabled and leisure …This paper studies the design of retirement and disability policies. It illustrates the often observed exit from the …
Persistent link: https://www.econbiz.de/10005123923
In this paper, we study the determinants of the value of informal risk sharing groups. In particular, we look at the effects of heterogeneity of preferences and of limited commitment constraints that restrict feasible allocations differently if individuals can deviate form risk sharing...
Persistent link: https://www.econbiz.de/10005791230
We consider physicians with fixed capacity levels. If a physician's capacity exceeds demand, she may have an incentive to overtreat, i.e., she may provide unnecessary treatments to use up idle capacity. By contrast, with excess demand she may undertreat, i.e., she may not provide necessary...
Persistent link: https://www.econbiz.de/10008468555
Can public insurance through redistributive income taxation improve the allocation of risk in an economy in which … the first place. If risk sharing is incomplete because some insurance markets are missing for model-exogenous reasons (as … of risk. If instead private insurance markets exist but their use is limited by the absence of complete enforcement (as …
Persistent link: https://www.econbiz.de/10008468593
contracts. We then apply our results to insurance, managerial incentive pay and corporate governance. …
Persistent link: https://www.econbiz.de/10005067616