Showing 1 - 10 of 620
We characterize a measure of social welfare for linear production economies in which individuals differ in productive skills and preferences. The key feature of our measure is that it aggregates fairness gaps, defined as the difference between the money-metric utility that the individual...
Persistent link: https://www.econbiz.de/10014262033
If a profit-maximising firm credibly commits to an employment-enhancing Corporate Social Responsibility (CSR) objective in negotiations with a trade union, the union can reduce its wage demands. Lower wages, ceteris paribus, raise profits, while the increase in employment enhances the payoff of...
Persistent link: https://www.econbiz.de/10014516688
There has been a steady decline over six decades in the share of adult men in the labor force. After five decades of historic increases, in 2000 the share of women in the labor force peaked and has declined slightly since. The 1996 welfare reform law imposed work requirements on mothers on...
Persistent link: https://www.econbiz.de/10012931752
In this paper, we study gains and losses that accrue to natives because of immigration. The gain on the aggregated level is called the 'immigration surplus', which can be seen as analogous to a consumer surplus. We derive changes in the earnings of native owners of production factors by...
Persistent link: https://www.econbiz.de/10013319661
If a profit-maximising firm credibly commits to an employment-enhancing Corporate Social Responsibility (CSR) objective in negotiations with a trade union, the union can reduce its wage demands. Lower wages, ceteris paribus, raise profits, while the increase in employment enhances the payoff of...
Persistent link: https://www.econbiz.de/10014505808
employment, and reducing inequality through more egalitarian income distribution. Over the past 30 years, developing countries … income inequality and its negative effects on economic growth. Over the past decade, fiscal policy has been adopted for the …
Persistent link: https://www.econbiz.de/10012610188
employment, and reducing inequality through more egalitarian income distribution. Over the past 30 years, developing countries … income inequality and its negative effects on economic growth. Over the past decade, fiscal policy has been adopted for the …
Persistent link: https://www.econbiz.de/10012242942
A large literature documents a positive correlation between a firm's sustainability or ESG policies and firm value. However, the exact mechanism through which this relation arises remains ambiguous and it is often hard to establish the direction of causation. In this paper we propose and test...
Persistent link: https://www.econbiz.de/10012487744
We analyze the effect of income on mortality in Austria using administrative social security data. To tackle potential … estimations, IV regressions reveal a robust zero-effect of income on ten-year death rates for prime-age workers, both in terms of …
Persistent link: https://www.econbiz.de/10011295560
analysed by gender. Basic results are: health worsens, income declines and satisfaction is poorer with higher body mass index …. Underweight women earn more and overweight less than others. For normal-weight men the income is on average higher than for over … estimates. However, no clear-cut disadvantage in income of underweight men can be found. Stable coefficients result for the …
Persistent link: https://www.econbiz.de/10011981371