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In this paper we allude to a novel role played by the non-linear income tax system in the presence of adverse selection in the labor market due to asymmetric information between workers and firms. We show that an appropriate choice of the tax schedule enables the government to affect the wage...
Persistent link: https://www.econbiz.de/10010391779
expectations and wages, and a significantly positive relationship between optimistic bias in job finding expectations and …We measure individual bias in labor market expectations in German survey data and find that workers on average … pessimistic than West Germans. We find a significantly negative relationship between the pessimistic bias in job separation …
Persistent link: https://www.econbiz.de/10014247564
trial that randomized premiums and subsidies for India's first national, public hospital insurance program, RSBY. We find …
Persistent link: https://www.econbiz.de/10014500651
Recent empirical studies document that the distribution of earnings changes displays substantial deviations from lognormality: in particular, earnings changes are negatively skewed with extremely high kurtosis (long and thick tails), and these non-Gaussian features vary substantially both over...
Persistent link: https://www.econbiz.de/10014543845
-section of data from private schools in India. We use differences in student mark across subjects to identify within … achievement. -- Teacher unions ; teacher salaries ; student achievement ; productivity ; India …
Persistent link: https://www.econbiz.de/10003771836
sample of Indian manufacturing firms. -- globalization ; uncertainty ; training ; labor markets ; India …
Persistent link: https://www.econbiz.de/10008697164
This paper develops a revealed-preference approach that uses budget constrain discontinuities to price workplace safety. We track hourly workers who face the decision of how many hours to work at varying levels of Covid-19 risk and leverage state-specific discontinuities in unemployment...
Persistent link: https://www.econbiz.de/10012697149
This study explores the relationship between the adoption of industrial robots and workplace injuries. Using establishment-level data on injuries, we find that a one standard deviation increase in our commuting zone-level measure of robot exposure reduces work-related annual injury rates by...
Persistent link: https://www.econbiz.de/10013262797
This paper investigates the effect of adverse selection and price competition on the private annuity market in a model with two retirement periods. In this framework annuity companies can offer contracts with different payoffs over the periods of retirement. Varying the time structure of the...
Persistent link: https://www.econbiz.de/10011397919
We explain the recent events in the German market for online access using a model of a regulated monopoly renting phone lines to retailers. Retailers offer either a linear or a flat tariff to consumers. Consumer heterogeneity leads to adverse selectiion. We show why market entry for flatrate...
Persistent link: https://www.econbiz.de/10011398800