Addison, John T.; Barrett, Charles Richard; Siebert, … - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 1998
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 favor of more "deserving" workers. The risk is that it may also reduce output. The more...
