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Working Time as an Investment?: The Effects of Unpaid Overtime on Wages, Promotions, and Layoffs
Anger, Silke - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2005
as higher future wages and probabilities of promotion or job retention, which might help to explain why an increasing … whether working a higher number of unpaid extra hours involves a higher probability of promotion and excess earnings growth …, and a lower probability of layoff in subsequent years. The pooled, random effects, and fixed effects logit estimates …
Persistent link: https://www.econbiz.de/10005068730
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The simple analytics of job displacement insurance
Parsons, Donald O. - 2016
generalized replacement ratio measure of adequacy). Job search moral hazard and layoff moral hazard (firing costs), individually …
Persistent link: https://www.econbiz.de/10011455569
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Moral-hazard-free first-best unemployment insurance
Parsons, Donald O. - 2016
hazard concerns. As Blanchard and Tirole (2008) have illustrated, however, neither search nor layoff moral hazard (firing …
Persistent link: https://www.econbiz.de/10011455570
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Double-sided moral hazard in job displacement insurance contracts
Parsons, Donald O. - 2011
Job displacement insurance typically includes both unemployment benefits and lump-sum severance pay, and each has provoked policy concerns. Unemployment insurance concerns have centered on distorted job search/offer acceptance decisions by the worker, severance-induced firing cost concerns on...
Persistent link: https://www.econbiz.de/10009425766
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Severance pay mandates : firing costs, hiring costs, and firm avoidance behaviors
Parsons, Donald O. - 2011
; layoff ; employment ; insurance ; savings ; moral hazard …
Persistent link: https://www.econbiz.de/10009311585
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Understanding severance pay
Parsons, Donald O. - 2013
Severance pay, a fixed-sum payment to workers at job separation, has been the focus of intense policy concern for the last several decades, but much of this concern is unearned. The design of the ideal separation package is outlined and severance pay emerges as a natural component of job...
Persistent link: https://www.econbiz.de/10010195446
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The Simple Analytics of Job Displacement Insurance
Parsons, Donald O. - 2016
generalized replacement ratio measure of adequacy).Job search moral hazard and layoff moral hazard (firing costs), individually …
Persistent link: https://www.econbiz.de/10012996519
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Private Job Displacement Insurance : Information Asymmetries and Separation Pay Design
Parsons, Donald O. - 2007
Job displacement insurance in the United States includes publicly mandated unemployment benefits and privately contracted severance pay, a scheduled benefit designed to compensate workers for reemployment wage losses and residual unemployment losses. Asymmetric information problems profoundly...
Persistent link: https://www.econbiz.de/10014059815
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Severance Pay Mandates : Firing Costs, Hiring Costs, and Firm Avoidance Behaviors
Parsons, Donald O. - 2011
The potentially adverse labor market effects of severance pay mandates are a continuing source of policy concern. In a seminal study, Lazear (1990) found that contract avoidance of severance pay firing costs was theoretically simple – a bonding scheme would do – but that empirically the...
Persistent link: https://www.econbiz.de/10013121754
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The Firing Cost Implications of Alternative Severance Pay Designs
Parsons, Donald O. - 2010
layoff decisions. The firing cost implications of insurance plan are sensitive to the types of job separations that qualify a …
Persistent link: https://www.econbiz.de/10013141753