Labor Economics, Macroeconomics

Assume Workers Comp awards $X to workers not working because of injury. $X is set to equal the workers previous wages. Once workers return to work, the award payments stop. Suppose the government were to implement a new program in which recipients were awarded $0.5X, but were allowed to work; in addition, those who worked would earn a wage subsidy of 20 percent of their wages per hour worked, in addition to their wages. What are the changes in work incentives associated with this change in the law??
Posted Date: 3/28/2013 7:10:40 PM | Location : United States







Related Discussions:- Labor Economics, Assignment Help, Ask Question on Labor Economics, Get Answer, Expert's Help, Labor Economics Discussions

Write discussion on Labor Economics
Your posts are moderated
Related Questions
Q. Illustrate biological effects of Patulin? Biological activity: Patulin has an acute oral LD 50 in rodents of about 30-50 mg/kg and has been shown to be teratogenic, immunot

Q. What is Investment demand? Investment demand  Investment I(r) is assumed to be negatively related to the real interest rate r Total dema

An agency is having problems with personal phone calls made during working hours. Each minute of a personal call costs the agency $0.50 in wasted wages. The agency decides to hire

A company is assessing a proposed 4-year project.  The depreciable cost will involve the following: $300,000 for the equipment, $20,000 for shipping, and $30,000 for installation.

An advantage of observing statistics from this range is that it encapsulates both positive and negative performances of the economy helping to produce a much more accurate insight

In our 2 period consumption savings model (with no leisure, u(c1, c2), suppose interest income in period 2 is taxed at the rates, where 0 a) Write down period 1 and period 2 bu

The yeild of Maize is 73429 Hg/Ha, I need to translate it into bu/a, and I konw use 56lbs/bu as test weight. Please leave the process so that I know how to do it, thankyou.

What is the size of the labor force if the unemployment rate is 6%, the population is 300 million, and the number unemployed is 6 million


As it turns out, there is little evidence to support a direct causation between income and children. (If I am poor, then I will decide to have a lot of children? Alternatively: I h