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The value of a statistical life (VSL) is a very controversial topic, but one which is essential to the optimization of governmental decisions. Indeed, our society faces any number of risks (health, transportation, work, etc.) and, as resources are limited, their complete elimination is...
Persistent link: https://www.econbiz.de/10014053748
Few economic indicators have more salience and pervasive financial impact on everyday lives in the United States than poverty measures. Nevertheless, policymakers, researchers, advocates, and legislators generally do not understand the details of poverty measure mechanics. These detailed...
Persistent link: https://www.econbiz.de/10014117404
This paper evaluates how sick pay mandates operate at the job level in the United States. Using the National Compensation Survey and difference-in-differences models, we estimate their impact on coverage rates, sick leave use, labor costs, and non-mandated fringe benefits. Sick pay mandates...
Persistent link: https://www.econbiz.de/10013311782
We explore optimal health subsidies in a dynastic model with health externalities to productivity that cause low health … public or firms’ health subsidies can internalize the externalities through age-specific labor income taxes and consumption …
Persistent link: https://www.econbiz.de/10014345916
Preventive care should be subsidized in traditional insurance contracts since policyholders ignore the benefit of their prevention choice on the insurance premium (Ellis and Manning, 2007 JHE). We study participating policies as risk-sharing agreements among policyholders who decide how much to...
Persistent link: https://www.econbiz.de/10011734910
This paper studies externalities of nationally determined cost-sharing systems, in particular coinsurance rates …
Persistent link: https://www.econbiz.de/10010213026
from a societal perspective: ex ante moral hazard from health insurance, externalities from vaccinations, lack of consumer …
Persistent link: https://www.econbiz.de/10014024174
This paper studies externalities of nationally determined cost-sharing systems, in particular coinsurance rates …
Persistent link: https://www.econbiz.de/10010343629
-linked externalities (JLEs). JLEs emerge when wages exceed the opportunity cost of labor (labor externalities), or when there are social … gains from creating better jobs for some classes of worker, such as women or youth (social externalities). Like all … externalities, JLEs create a gap between private and social rates of return. Investments can be socially profitable (once the …
Persistent link: https://www.econbiz.de/10012239109
the interaction between norms and economic incentives. …
Persistent link: https://www.econbiz.de/10010482983