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individuals determine absence optimally. If sick pay is set by the government and not paid for by firms, it induces the trade … union to lower wages. This mitigates the positive impact on absence. Moreover, a union may oppose higher sick pay if it … and sick pay, we identify situations in which it will substitute wages for sick pay because adverse absence effects can be …
Persistent link: https://www.econbiz.de/10011584650
Status considerations with respect to consumption give rise to negative externalities because individuals do not take into account that their decisions affect the relative consumption position of others. Further, status concerns create incentives for excessive labour supply in competitive...
Persistent link: https://www.econbiz.de/10010319555
Status considerations with respect to consumption give rise to negative externalities because individuals do not take into account that their decisions affect the relative consumption position of others. Further, status concerns create incentives for excessive labour supply in competitive...
Persistent link: https://www.econbiz.de/10010884107
sickness absence. A pre-determined, piecewise linear policy rule in which the replacement rate is determined by past earnings … statistically significant point estimate of the elasticity of the duration of sickness absence with respect to the replacement rate …
Persistent link: https://www.econbiz.de/10010377329
This paper proposes a test for the existence and the degree of contagious presenteeism and negative externalities in sickness insurance schemes. First, we theoretically decompose moral hazard into shirking and contagious presenteeism behavior. Then we derive testable conditions for reduced...
Persistent link: https://www.econbiz.de/10010513202
This paper proposes a test for the existence and the degree of contagious presenteeism and negative externalities in sickness insurance schemes. First, we theoretically decompose moral hazard into shirking and contagious presenteeism behavior. Then we derive testable conditions for reduced...
Persistent link: https://www.econbiz.de/10011183119
sickness absence. A pre-determined, piecewise linear policy rule in which the replacement rate is determined by past earnings … statistically significant point estimate of the elasticity of the duration of sickness absence with respect to the replacement rate …
Persistent link: https://www.econbiz.de/10010778776
market consequences. We use the Synthetic Control Group Method (SCGM) and the Quarterly Census of Employment and Wages (QCEW …) to estimate the causal effect of mandated sick leave on employment and wages. Our findings do not provide much evidence … that employment or wages were significantly affected by the mandates which typically allow employees to earn one hour of …
Persistent link: https://www.econbiz.de/10011479385
Trade unions and employers' associations play an important role in Germany not only in wage setting, but also in social policy and labour market regulation. While the majority of companies are organised in employers' associations, less than one fifth of employees are still members of a trade...
Persistent link: https://www.econbiz.de/10015338929
employment, rising dual-earnership and part-time employment underline its relevance. We discuss the measurement of wage …
Persistent link: https://www.econbiz.de/10010377309