The effects of a bonus-malus workers' compensation system on the labor force structure, productivity, and welfare

Coralia Azucena Quintero Rojas and Sébastien Ménard ()
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Sébastien Ménard: Université du Maine
Authors registered in the RePEc Author Service: Sébastien Ménard

Economics Bulletin, 2018, vol. 38, issue 2, 712-719

Abstract: This paper investigates the economic impact of adjusting premiums of workers' compensation systems, according to the firms' absenteeism rates. We develop a search and matching economy where workers are identical, but firms differ in terms of their Occupational Safety and Health (OSH). We show that this policy allows productivity, employment, and welfare to be improved.

Keywords: Health Insurance; experience rating; productivity; welfare; search and matching (search for similar items in EconPapers)
JEL-codes: H2 I1 (search for similar items in EconPapers)
Date: 2018-04-15
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Related works:
Working Paper: The effects of a bonus-malus workers' compensation system on the labor force structure, productivity, and welfare (2018)
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Persistent link: https://EconPapers.repec.org/RePEc:ebl:ecbull:eb-18-00035

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