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Walter Eucken hat die Institution der Haftungsbeschränkung radikal abgelehnt. Aus seiner Sicht war nur das Prinzip der Vollhaftung marktkonform. Diese Auffassung ist korrekturbedürftig, wie unter Rückgriff auf die moderne Mikroökonomik der Risikoallokation gezeigt wird: Zum einen kann es...
Persistent link: https://www.econbiz.de/10011733795
rewarding success, i.e., paying a bonus, increase effort in this case? I find that bonuses have not only an incentive but also …
Persistent link: https://www.econbiz.de/10010268396
association between the intensity of incentive pay, the dynamic change in bonus status and the utility derived from work. After … controlling for individual heterogeneity biases, it is shown that job utility rises only in response to 'generous' bonus payments …, primarily in skilled, non-unionized, private sector jobs. Revoking a bonus from one year to the next is found to have a …
Persistent link: https://www.econbiz.de/10010269686
the parliament (MPs) in Turkey who are retired from their pre-political career jobs earn a pension bonus on top of their … MP salaries. The law change in 2012 significantly increased the pension bonus by pegging it to 18 percent of the salary …
Persistent link: https://www.econbiz.de/10011744635
Persistent link: https://www.econbiz.de/10011763166
unemployment insurance claimants a modest cash bonus for rapid reemployment would increase the speed of return to work and reduce … program costs. In 1988 a similar experiment, examining several different bonus offers, was conducted in Washington State …. Evidence from the Washington experiment indicates that bonus offers do change job seeking behavior, but that only relatively …
Persistent link: https://www.econbiz.de/10011763186
) claimants a cash bonus for rapid reemployment. This paper combines data from the two experiments and uses a consistent framework … to evaluate the experiments and determine with greater certainty the extent to which a reemployment bonus can affect … economic outcomes. Bonus offers in each of the experiments generated statistically significant but relatively modest reductions …
Persistent link: https://www.econbiz.de/10011763192
We translate the results of the three reemployment bonus experiments that were conducted during the 1980s into (a …. Our approach is to use an equilibrium search and matching model, calibrated using data from the bonus experiments and …
Persistent link: https://www.econbiz.de/10011763208
Targeting reemployment bonus offers to unemployment insurance (UI) claimants identified as most likely to exhaust … benefits is estimated to reduce benefit payments. While earlier research indicated that non-targeted reemployment bonus offers … would not be good public policy, in this paper we show that targeting bonus offers with profiling models similar to those in …
Persistent link: https://www.econbiz.de/10011763252
model E involve both bonuses and penalties. We identify lower and upper bounds on these, and study how the bonus and bonus …
Persistent link: https://www.econbiz.de/10011794574