A Theory of Employment Guarantees:Contestability, Credibility and Distributional Concerns

Both raw intuition and past experience suggest that the success of an employment guaranteescheme (EGS) in safeguarding the welfare of the poor depends both on the wage itpromises, and the ease with which any worker can gain access. An EGS is thus at once awage guarantee and a rationing device. We chart the positive and normative limits of such anEGS as an efficiency improving and poverty alleviating policy reform in a canonical labormarket setting...

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Year of publication:	2007-08-01
Authors:	Basu, Arnab K. ; Chau, Nancy H. ; Kanbur, Ravi
Institutions:	Forschungsinstitut zur Zukunft der Arbeit <Bonn>
Subject:	Beschäftigung \| Credibility-Theorie \| credibility

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Extent:	41 p. 381,20 p. application/pdf
Series:	IZA - Forschungsinstitut zur Zukunft der Arbeit - Discussion Papers IZA Discussion Paper ; No. 3002 (2007)
Type of publication:	Book / Working Paper
Language:	English
Classification:	I38 - Government Policy; Provision and Effects of Welfare Programs ; J21 - Labor Force and Employment, Size, and Structure ; K31 - Labor Law ; O12 - Microeconomic Analyses of Economic Development ; Ergonomic job analysis ; Individual Working Papers, Preprints ; No country specification
Source:	USB Cologne (business full texts)

Persistent link: https://www.econbiz.de/10005862300