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Chapter 66 The Measurement of Productivity for Nations
Diewert, W. Erwin; Nakamura, Alice O. - In: Handbook of econometrics : volume 6A, (pp. 4501-4586). 2007
This chapter covers the theory and methods for productivity measurement for nations. Labor, multifactor and total factor productivity measures are defined and are related to each other and to gross domestic product (GDP) per capita. Their growth over time and relative counterparts are defined as...
Persistent link: https://www.econbiz.de/10014024949
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Economic Effects of Risk Classification Bans
Dionne, Georges - 2014
Risk classification refers to the use of observable characteristics by insurers to group individuals with similar expected claims, to compute the corresponding premiums, and thereby to reduce asymmetric information. Permitting risk classification may reduce informational asymmetry-induced...
Persistent link: https://www.econbiz.de/10013051304
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Economic Consequences of Manipulation of Social Insurance Benefits
Ishihara, Takuya; Takahashi, Masaki - 2021
This paper examines the economic consequences of manipulation of social insurance benefits. Using administrative data … receive more generous benefits than they should because medical examiners manipulate recipients' health score. To quantify the …
Persistent link: https://www.econbiz.de/10013236025
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Indirect fiscal effects of long-term care insurance
Geyer, Johannes; Haan, Peter; Korfhage, Thorben - 2015
Informal care by close family members is the main pillar of most longterm care systems. However, due to demographic ageing the need for long-term care is expected to increase while the informal care potential is expected to decline. From a budgetary perspective, informal care is often viewed as...
Persistent link: https://www.econbiz.de/10011391873
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Indirect fiscal effects of long-term care insurance
Geyer, Johannes; Haan, Peter; Korfhage, Thorben - 2015
Informal care by close family members is the main pillar of most long-term care systems. However, due to demographic ageing the need for long-term care is expected to increase while the informal care potential is expected to decline. From a budgetary perspective, informal care is often viewed as...
Persistent link: https://www.econbiz.de/10011381284
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Long-term care insurance and carers' labor supply : a structural model
Geyer, Johannes; Korfhage, Thorben - 2014
In Germany, individuals in need of long-term care receive support through benefits of the long-term care insurance. A … benefits in kind (formal home care services) and benefits in cash. From a budgetary perspective family care is a cost … long-term care insurance. We estimate a structural model of labor supply and the choice of benefits of family carers. We …
Persistent link: https://www.econbiz.de/10010418022
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Long-term care insurance and carers' labor supply : a structural model
Geyer, Johannes; Korfhage, Thorben - 2014
In Germany, individuals in need of long-term care receive support through benefits of the long-term care insurance. A … benefits in kind (formal home care services) and benefits in cash. From a budgetary perspective family care is a cost … long-term care insurance. We estimate a structural model of labor supply and the choice of benefits of family carers. We …
Persistent link: https://www.econbiz.de/10010426155
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Long-term care insurance and carers’ labor supply : a structural model
Geyer, Johannes; Korfhage, Thorben - 2014
In Germany, individuals in need of long-term care receive support through benefits of the long-term care insurance. A … benefits in kind (formal home care services) and benefits in cash. From a budgetary perspective family care is a cost … long-term care insurance. We estimate a structural model of labor supply and the choice of benefits of family carers. We …
Persistent link: https://www.econbiz.de/10010437537
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Norms, incentives and information in income insurance
Lindbeck, Assar; Persson, Mats - 2015
In this paper, we ask under what conditions norms can enhance welfare by mitigating moral hazard in income insurance … welfare are influenced by norms. We also examine the optimal strength of norms. Generally speaking, the paper is a study of …
Persistent link: https://www.econbiz.de/10010482983
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Mandated Sick Pay : Coverage, Utilization, and Welfare Effects
Maclean, Catherine - 2020
, and non-mandated fringe benefits. Sick pay mandates increase coverage significantly by 13 percentage points from a … sick pay crowds-out other non-mandated fringe benefits. We then develop a model of optimal sick pay provision along with a … welfare analysis. For a range of plausible parameter values, mandating sick pay increases welfare …
Persistent link: https://www.econbiz.de/10012837310