Arbeitspapier
Mandated benefits, welfare, and heterogeneous firms
The paper constructs an asymmetric information model to investigate the efficiency and equity cases for government mandated benefits. A mandate can improve workers? insurance, and may also redistribute in favor of more "deserving" workers. The risk is that it may also reduce output. The more diverse are free market contracts - separating the various worker types - the more likely it is that such output effects will on balance serve to reduce welfare. It is shown that adverse effects can be mitigated by restricting mandates to "large" firms. An alternative to a mandate is direct government provision. We demonstrate that direct government provision may be superior to mandates by virtue of preserving separations.
- Language
-
Englisch
- Bibliographic citation
-
Series: ZEW Discussion Papers ; No. 98-46
- Classification
-
Wirtschaft
- Subject
-
Betriebliche Sozialleistungen
Lohnverhandlungstheorie
Asymmetrische Information
Wohlfahrtseffekt
Wirtschaftliche Effizienz
Betriebsgröße
Sozialpolitik
Theorie
- Event
-
Geistige Schöpfung
- (who)
-
Addison, John T.
Barrett, Charles Richard
Siebert, William Stanley
- Event
-
Veröffentlichung
- (who)
-
Zentrum für Europäische Wirtschaftsforschung (ZEW)
- (where)
-
Mannheim
- (when)
-
1998
- Handle
- Last update
- 10.03.2025, 11:43 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Addison, John T.
- Barrett, Charles Richard
- Siebert, William Stanley
- Zentrum für Europäische Wirtschaftsforschung (ZEW)
Time of origin
- 1998
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