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Moral hazard means that people with insurance may take greater risks because they know they do not bear the full consequences of their actions. This can occur with both private insurance and social insurance. Deductibles can be used to alleviate the problem. An interesting way to bring...
Persistent link: https://www.econbiz.de/10010273035
Moral hazard means that people with insurance may take greater risks because they know they do not bear the full consequences of their actions. This can occur with both private insurance and social insurance. Deductibles can be used to alleviate the problem. An interesting way to bring...
Persistent link: https://www.econbiz.de/10003816556
This paper reviews the theoretical and empirical literature on job market signalling and on education as a job market … signal. Possible economic implications of educational job market signalling to an individual and the society are represented … based on existing theories. The paper also reviews central methods in empirical testing of the signalling …
Persistent link: https://www.econbiz.de/10010273007
This paper reviews the theoretical and empirical literature on job market signalling and on education as a job market … signal. Possible economic implications of educational job market signalling to an individual and the society are represented … based on existing theories. The paper also reviews central methods in empirical testing of the signalling …
Persistent link: https://www.econbiz.de/10003743933
This paper discusses the Finnish experiences of Active Labour Market Policy (ALMP) across the economic cycle, especially in economic downturn. Cuts in unemployment spell duration have been the main factors to contribute in decreasing the unemployment in the recent years. Subsidised employment...
Persistent link: https://www.econbiz.de/10005546002