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variance. The decomposition permits counterfactual analysis, using concepts and techniques from the theory of factorial …
Persistent link: https://www.econbiz.de/10003859360
This paper offers an eclectic survey of the political economy of labor regulation in the United States at federal and state levels along the dimensions of occupational health and safety, unjust dismissal, right-to-work, workplace safety and workers’ compensation, living wages, and prevailing...
Persistent link: https://www.econbiz.de/10003481858
; delegation problem ; moral hazard ; search theory …
Persistent link: https://www.econbiz.de/10009006957
This paper examines the determinants of unemployment duration in a competing risks framework with two destination states, namely, inactivity and employment. The major innovation is our recognition of defective risks. We first use a polynomial hazard function to test for the presence of...
Persistent link: https://www.econbiz.de/10011403396
The paper constructs an asymmetric information model to investigate the efficiency and equity cases for government mandated benefits. A mandate can improve workers' insurance, and may also redistribute in favour of more "deserving" workers. The risk is that it may also reduce output. The more...
Persistent link: https://www.econbiz.de/10003212063
This paper exploits the informational value of search theory, after Lancaster and Chesher (1983), in conjunction with …
Persistent link: https://www.econbiz.de/10002422966
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