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Exit, Voice or Loyalty? An Investigation into Mandated Portability of Front-Loaded Private Health Plans

Atal, Juan Pablo - 2017

We study theoretically and empirically how consumers in an individual private longterm health insurance market with front-loaded contracts respond to newly mandated portability requirements of their old-age provisions. To foster competition, effective 2009, the German legislature made the...

Persistent link: https://www.econbiz.de/10012952588

United But (Un-)Equal : Human Capital, Probability of Divorce and the Marriage Contract

Cremer, Helmuth - 2012

This paper studies how the risk of divorce affects the human capital decisions of a young couple. We consider a setting where complete specialization (one of the spouses uses up all the education resources) is optimal with no divorce risk. Symmetry in education (both spouses receive an equal...

Persistent link: https://www.econbiz.de/10013096466

Physician Payment Contracts in the Presence of Moral Hazard and Adverse Selection : The Theory and its Application to Ontario

Kantarevic, Jasmin - 2015

behavior. These features include: (1) physicians can choose a payment contract from a menu that includes an enhanced fee …-for-service contract and a blended capitation contract; (2) the capitation rate is higher and the cost-reimbursement rate is lower in the … blended capitation contract; (3) physicians sort selectively into the contracts based on their preferences; and (4) physicians …

Persistent link: https://www.econbiz.de/10013016351

Business Conditions and Default Risks Across Countries

Pflüger, Michael - 2011

The risk of default that business firms face is very significant and differs widely across countries. This paper explores the links between countries' business conditions and international trade embedment and the default risk at the country level from a theoretical point of view. Our main...

Persistent link: https://www.econbiz.de/10013128748

Reputation and Credit Market Formation : How Relational Incentives and Legal Contract Enforcement Interact

Fehr, Ernst - 2009

The evidence suggests that relational contracting and legal rules play an important role in credit markets but on the basis of the prevailing field data it is difficult to pin down their causal impact. Here we show experimentally that relational incentives are a powerful causal determinant for...

Persistent link: https://www.econbiz.de/10013157034

Minimum Wages and Insurance within the Firm

Adamopoulou, Effrosyni; Manaresi, Francesco; Rachedi, Omar - 2022

Minimum wages alter the allocation of firm-idiosyncratic risk across workers. To establish this result, we focus on Italy, and leverage employer-employee data matched to firm balance sheets and hand-collected wage floors. We find a relatively larger pass-through of firm-specific labor-demand...

Persistent link: https://www.econbiz.de/10014083969

A Nutshell Model of Demand of Permanent vs. Temporary Working Contracts

Contini, Bruno - 2019

This paper presents a two-period “nutshell” model that explains the composition of labour demand when the labour market is dualistic and workers may be hired via permanent (P) or temporary (T) contracts. The model does not explain the level of labor demand, nor the wage of permanent workers,...

Persistent link: https://www.econbiz.de/10014107806

Contract Employment as a Worker Discipline Device

Basu, Arnab K. - 2018

Fixed-term contract employment has increasingly replaced regular open-ended employment as the predominant form of … and contract wages, we propose a two-tiered task based model with self-enforcing contracts in which firms allocate complex ….We show that the advent of contract employment effectively lowers the cost of maintaining worker discipline, and demonstrate …

Persistent link: https://www.econbiz.de/10012915742

Labor Market Pooling, Outsourcing and Labor Contracts

Picard, Pierre M. - 2009

Economic regions, such as urban agglomerations, face external demand and price shocks that produce income risk. Workers in large and diversified agglomerations may benefit from reduced wage volatility, while firms may outsource the production of intermediate goods and realize benefits from...

Persistent link: https://www.econbiz.de/10013157029

Asymmetric Information in the Labor Market, Immigrants and Contract Menu

Kar, Saibal - 2011

this phenomenon based on asymmetric information in the host country labor market. We focus on the design of a contract menu …

Persistent link: https://www.econbiz.de/10013129911