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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
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/10011622136
We analyse labour supply and absence from work choices, assuming that individual preferences exhibit relative … consumption concerns. We show that contractual hours and the length of absence periods may vary equally with the strength of … illness periods on contractual work hours and absence behaviour. Consequently, the profitability of employing individuals also …
Persistent link: https://www.econbiz.de/10011956322
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/10010317043
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/10010319754
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
difference-in-differences models along with the Quarterly Census of Employment and Wages to estimate the causal effects of … mandated sick pay on employment and wages. We do not find much evidence that employment or wages were significantly affected by …. Employment decreases of 2 percent lie outside the 92 percent confidence interval and wage decreases of 3 percent lie outside the …
Persistent link: https://www.econbiz.de/10012059541
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