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The paper presents a model that allows a unified analysis of sickness absence and search unemployment. Sickness appears as random shocks to individual utility functions, interacts with individual searchand labor supply decisions and triggers movements across labor force states. The employed...
Persistent link: https://www.econbiz.de/10011449837
In this paper we treat an individual's health as a continuous variable, in contrast to the traditional literature on … continuous treatment of an individual's health sheds new light on the role and functioning of income insurance and makes it …
Persistent link: https://www.econbiz.de/10003978015
We discuss public pension systems in a multi-period overlapping generations model with gerontologically founded human aging and a special focus on occupation-specific morbidity and mortality. We examine how distinct replacement rates for white-collar and blue-collar workers and early retirement...
Persistent link: https://www.econbiz.de/10012597268
and estimate a dynamic life cycle model to study optimal retirement and tax policy when individuals face health shocks and …, income taxation, and savings incentives and distinguishes three channels through which health affects retirement …: nonconvexities in labor supply due to health-dependent fixed costs of working, earnings reductions, and mortality risk. We estimate …
Persistent link: https://www.econbiz.de/10015407391
We analyze the consequences for sickness absence of a selective softening of job security legislation for small firms in Sweden in 2001. According to our differences-in-difference estimates, aggregate absence in these firms fell by 0.2-0.3 days per year. This aggregate net figure hides important...
Persistent link: https://www.econbiz.de/10003301330
Persistent link: https://www.econbiz.de/10003635259
We investigate the impact on work absence of a massive reduction in paid sick leave benefits. We exploit a policy change that only affected public sector workers in Spain and compare changes in the number and length of spells they take relative to unaffected private sector workers. Our results...
Persistent link: https://www.econbiz.de/10012806663
The paper presents a tractable general equilibrium model of search unemployment that incorporates absence from work as a distinct labor force state. Absenteeism is driven by random shocks to the value of leisure that are private information to the workers. Firms offer wages, and possibly sick...
Persistent link: https://www.econbiz.de/10003297486
interventions improve health outcomes. However, these positive effects do not translate to better labor outcomes, such as earnings …
Persistent link: https://www.econbiz.de/10013555693
We theoretically analyse the effects of sick pay and employees' health on collective bargaining, assuming that … reduces labour supply sufficiently. Better employee health tends to foster wage demands. If the union determines both wages …
Persistent link: https://www.econbiz.de/10011561099