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On the social desirability of centralized wage setting when fims are run by biased managers

Meccheri, Nicola - 2022

This paper compares the welfare outcomes obtained under alternative unionization regimes (decentralized vs. centralized wage setting) in a duopoly market, in which shareholders delegate strategic decisions to biased (overconfident or underconfident) managers. In such a framework, the common...

Persistent link: https://www.econbiz.de/10013186268

A contribution to the theory of R&D investments

Buccella, Domenico; Fanti, Luciano; Gori, Luca - 2021

This research contributes to the theory of cost-reducing R&D investments by offering a tractable three-stage non-cooperative Cournot duopoly game in which R&D-investing firms choose whether to disclose R&D-related information to the rival. Though in a noncooperative context firms have no...

Persistent link: https://www.econbiz.de/10012623521

Management centrality in sequential bargaining: Implications for strategic delegation, welfare, and stakeholder conflict

Buccella, Domenico; Meccheri, Nicola - 2022

This paper investigates the issue of strategic delegation by considering the role of management centrality in contracting with different stakeholders. Specifically, a sequential negotiation unionized duopoly model is analysed, in which the management relative bargaining power visà-vis...

Persistent link: https://www.econbiz.de/10012800095

The Optimal Graduated Minimum Wage and Social Welfare

Danziger, Eliav; Danziger, Leif - 2018

This paper analyzes the effects of introducing a graduated minimum wage in a model with optimal income taxation in which a government seeks to maximize social welfare. It shows that the optimal graduated minimum wage increases social welfare by increasing the low productivity workers’...

Persistent link: https://www.econbiz.de/10011800306

Why Guarantee Employment? Evidence from a Large Indian Public-Works Program

Zimmermann, Laura - 2020

Most countries around the world implement some form of a safety net program for poor households. A widespread concern is that such programs crowd out private-sector jobs. But they could also improve workers' welfare by allowing them to take on more risk, for example through self-employment. This...

Persistent link: https://www.econbiz.de/10012182863

Temporary International Migration, Shocks and Informal Insurance: Analysis using panel data

Chakraborty, Tanika; Pandey, Manish - 2021

We use panel data for rural Kyrgyzstan to examine households' international migration response when faced with shocks. Using a household fixed effects regression model, we find that while a drought shock increases the likelihood of migration, winter and earthquake shocks reduce the likelihood of...

Persistent link: https://www.econbiz.de/10012417016

Residential responses to cyclones: New evidence from Australia

Nguyen, Ha Trong; Mitrou, Francis - 2024

and proximity. Additionally, these cyclones prompt individuals to acknowledge the significance of home-related insurance … and actively seek coverage. Alongside long-distance domestic migration, insurance acquisition emerges as another … among these coping strategies depends on factors such as cyclone severity, age, prior homeownership, income, insurance …

Persistent link: https://www.econbiz.de/10014519020

Media Attention and Choice of Major: Evidence from Anti-Doctor Violence in China

Bo, Shiyu; Chen, Y. Joy; Song, Yan; Zhou, Sen - 2018

We study the relationship between media attention and major choices by evaluating how newspaper reports on violence against doctors in China deter students from choosing medicine as their college majors. We collect relevant articles from over 1,200 newspapers and combine them with an...

Persistent link: https://www.econbiz.de/10011936828

Unmet health care need and income-related horizontal equity in access during the COVID-19 pandemic

Davillas, Apostolos; Jones, Andrew M. - 2020

Using monthly data from the Understanding Society (UKHLS) COVID-19 Survey we analyse the evolution of unmet need and assess how the UK health care system performed against the norm of horizontal equity in health care access during the first wave of COVID-19 wave. Unmet need was most evident for...

Persistent link: https://www.econbiz.de/10012318846

Geographic Variation in Inpatient Care Utilization, Outcomes and Costs for Dementia Patients in China

Lin, Zhuoer; Ba, Fang; Allore, Heather; Liu, Gordon G.; … - 2022

Dementia leads public health issue worldwide. China has the largest population of adults living with dementia in the world, imposing increasing burdens on the public health and healthcare systems. Despite improved access to health services, inadequate and uneven dementia management remains...

Persistent link: https://www.econbiz.de/10013439893