Building blocks in the economics of mandates

Addison, John T.; Barrett, Charles Richard; Siebert, William Stanley

Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/33673

Title:

Building blocks in the economics of mandates

Authors:

Addison, John T.
Barrett, Charles Richard
Siebert, William Stanley

Year of Publication:

2005

Series/Report no.:

IZA Discussion Papers No. 1866

Publisher:

Institute for the Study of Labor (IZA), Bonn

Abstract:

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 favour of more deserving workers. The risk is that it may also reduce output. The more diverse are free market contracts

Subjects:

separating the various worker types

JEL:

D82
J33

Document Type:

Working Paper

Appears in Collections:

IZA Discussion Papers, IZA – Institute of Labor Economics

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