Redundancy payments for collective dismissals are incorporated into a Shapiro-Stiglitz model of efficiency wages. It is shown that a fixed payment will lower wages, leave employment and welfare unaffected if there are no wage-dependent taxes, no additional firing costs and if unemployment benefits are not altered by redundancy payments. If payroll taxes exceed firing costs and unemployment bene...

October-December 1951 but declined gram amounting to $9.3 billion for 17.2 percent from that for the third 1952. quarter of 1952. The increases resulted The estimated number of employers from the growth in economic activity; paying taxable wages was about 3.6 the declines followed the seasonal patmillion in each quarter from the betern observed in past years and reginning of 1952 through Januar...

Public interest in promoting the self-sufficiency of families that depend on welfare concerns the ability of fathers, as well as mothers, to support their children through employment. Many welfare recipients are never-married women, and their children seldom receive child support payments. This article estimates the financial resources that go untapped when child support is not collected from t...

Efforts to enroll low-income workers in premium assistance programs are constrained by the health insurance offer rates of the firms who employ them. One solution is to target premium subsidies to small firms as well as to their low-income workers, and Massachusetts is the sole state to have tried this. Firms participating in the state’s Insurance Partnership were more likely to be self-employe...

We examine the transition to, and survival in, self-employment among a sample of British workers. We find evidence of capital constrains, with wealthier individuals being more likely to transit ceteris paribus. Windfall gains raise the probability of transition at a decreasing rate – gains or more than £20000–£22000 reduce the probability of transition – and larger gains reduce the probability ...

IMPORTANCE Under bundled payment programs, hospitals receive a single payment for all services provided surrounding an episode of care. Because health care providers, such as hospitals and physicians, accept more financial risk under these programs, they will need a better understanding of episode costs to identify areas to target improvements in quality and cost-efficiency. OBJECTIVE To exam...

PRIVATE consumer expenditures for medical care amounted to almost. $22 billion in 1962. Approximately $14 billion, or 66 percent of t,he total, represented direct payments by consumers ; the remaining $8 billion was in the form of payments for health insurance. The aggregate amount of the increase from 1961 was almost $1.2 billion or 5.8 percent. Direct payments rose only 2.2 percent, and healt...

BACKGROUND The U.S. Physician Payments Sunshine Act mandates the reporting of payments or items of value received by physicians from drug, medical device, and biological agent manufacturers. The impact of these payments on physician prescribing has not been examined at large scale. METHODS We linked public Medicare Part D prescribing data and Sunshine Act data for 2013. Physician payments wer...

Mobile phones are already approaching penetration rates of close to 80 per cent in some parts of the world. Mobile payments, or “m-payments”, are expected to become an important part of retail payments. M-payments are defined as payments that are carried out via mobile phone. M-commerce as a wide area could be divided into mobile E-commerce and M-trade area. Different models of mobile payments ...