Employer-Provided versus Publicly Provided Health Insurance: Effects on Hours Worked and Compensation
Year: 2000
Type: book-chapter
Abstract: Does the Composition of Pay Matter9 29 CONCLUSIONSFringe benefits are of importance to such fundamental labor mar ket problems as the social organization of work and production, as well as to social and moral obligations between workers and firms and of governments to citizens.These issues cut deeply into core issues in labor economics and, indeed, of economic systems more generally.They deserve more attention than they have generally received from the economic research community. Notes1. Some jobs embody negative attributes and disutility In principle, these should be subtracted from total income to arrive at final consumption 2. No doubt the individual income tax is a factor here as well.However, it is not decisive because offices, secretaries, and other complementary inputs usually were provided to managers free of charge before the income tax was important.The income tax encourages excessive use of these things-plusher offices on higher floors and more secretaries and assistants.3 This logic helps one to understand why there is a community interest in "social" programs, but it cannot explain either the form it takes or the magnitude of the interest.It cannot explain why governments have often gone into these businesses directly rather than regulating participation in private programs; nor can it account for the great growth of these programs in this century
Authors: Janet Hunt-McCool, Thomas J. McCool, Avi Dor
Language: English
Subfield: Economics and Econometrics
Domain: Social Sciences
Open Access status: gold
OpenAlex ID: W1560939548