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This article reviews the current debate about sick pay mandates and medical leave in the United States. The United States is one of three industrialized countries that do not guarantee access to paid sick leave for all employees. We first provide a categorization of the different paid leave...
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The paper constructs an asymmetric information model to investigate the efficiency and equity cases for government mandated benefits. A mandate can improve workers' insurance, and may also redistribute in favor of more "deserving" workers. The risk is that it may also reduce output. The more...
Persistent link: https://www.econbiz.de/10013428183
in working hours across countries. In this paper I test whether public programmes for family support play a role in … explaining this variation. I analyse two types of policies: childcare subsidies and family cash benefits. I distinguish between … and the US. Empirical analysis, however, does not support the family-policy explanation. The effects of the policies on …
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We document that the added worker effect (AWE) has increased over the last three decades. We develop a search model with two earner households and we illustrate that the increase in the AWE from the 1980s to the 2000s can be explained through i) the narrowing of the gender pay gap, ii) changes...
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The transformation of credit scores into probabilities of default plays an important role in credit risk estimation. The linear logistic regression has developed into a standard calibration approach in the banking sector. With the advent of machine learning techniques in the discriminatory phase...
Persistent link: https://www.econbiz.de/10012876151