Comments on: Jon Stewart, Occupational Choice and Incentives

By: Eurognosi

Eurognosi — Sun, 02 Dec 2012 07:55:05 +0000

This is the appropriate wlboeg for anybody who desires to find out about this topic. You notice a lot its nearly laborious to argue with you (not that I truly would needd6HaHa). You definitely put a brand new spin on a subject thats been written about for years. Nice stuff, just nice!

By: gigi

gigi — Sat, 27 Oct 2012 16:17:01 +0000

The risk-taking aspect may be important. I think Stewart presented the choice in those terms as a reply to the entrepreneurial job creator meme of the republicans. But I would argue that the underlying idea is more important in terms or labor market flexibility: removing the employer-health care provision link would allow wages to become a better market signal instead of relying on playing around with benefits and workers would find it less costly to switch jobs (and sure this could include becoming an entrepreneur).

By: Liam

Liam — Sat, 27 Oct 2012 05:41:27 +0000

See Bird, E. J. (2001), Does the welfare state induce risk-taking?, JPubE, for a model in which agents with M-V preferences over uncertain income take greater risks when incomes are taxed to fund a lump-sum transfers, supported by cross-country regressions. Ortona, G., Ottone, S., Ponzano, F., and Scacciati, F. (2008) Labour supply in presence of taxation financing public services. An experimental approach, JEconPsych, find experimental support for Bird’s model.

By: polisci

polisci — Fri, 26 Oct 2012 08:03:26 +0000

A lot of political science work is on this and goes udner the rubric Varieties of Capitalism. The works of Iversen and Soskice are esp, important.