The Effects of Mandating Benefits Packages
This paper identifies and, where possible, quantifies potential labor market consequences of government mandating of employee benefits. The author argues that mandating benefits could increase benefit coverage and generosity for numerous workers and their families. However, even when mandating benefits does improve benefit provision, there will be offsetting effects including wage and other benefit cuts, reduced work hours, reduced employment, and possibly output reductions in covered sectors. Employer bias against "expensive to insure" workers may also result, producing labor market sorting and segmentation. In addition, many workers currently without benefit coverage are employees of small firms, women, pan-time and minimum wage workers. Frequently, mandated benefit proposals exclude or reduce coverage for these workers to alleviate the financial burden on small firms. As a result, many uninsured people will not be helped by the type of mandated employee benefit program currently under review. A separate approach would probably be needed to meet the needs of those not covered by mandated benefit programs.
|Date of creation:||Feb 1990|
|Date of revision:|
|Publication status:||published as Mitchell, Olivia S. "The Effects of Mandating Benefits Packages." Re-search in Labor Economics, edited by L. Bassi and D. Crawford, pp. 297-320. JAI Press, 1991.|
|Contact details of provider:|| Postal: National Bureau of Economic Research, 1050 Massachusetts Avenue Cambridge, MA 02138, U.S.A.|
Web page: http://www.nber.org
More information through EDIRC
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Robert A. Hart & David N.F. Bell & Rudolf Frees & Seiichi Kawaski & Stephen A. Woodbury, 1988. "Trends in Non-Wage Labour Costs and their Effects on Employment: Final Report," Books from Upjohn Press, W.E. Upjohn Institute for Employment Research, number saw1988, November.
- Stephen A. Woodbury, 2009.
in: Labor and Employment Law and Economics, chapter 17
Edward Elgar Publishing.
- Stephen A. Woodbury, 2009. "Unemployment," Book chapters authored by Upjohn Institute researchers, in: Kenneth G. Dau-Schmidt & Seth D. Harris & Orley Lobel (ed.), Labor and Employment Law and Economics, volume 2, pages 480-516 W.E. Upjohn Institute for Employment Research.
- Alan L. Gustman & Thomas L. Steinmeier, 1988. "An Analysis Of Pension Benefit Formulas, Pension Wealth And Incentives From Pensions," NBER Working Papers 2535, National Bureau of Economic Research, Inc.
- Kotlikoff, Laurence J & Spivak, Avia & Summers, Lawrence H, 1982.
"The Adequacy of Savings,"
American Economic Review,
American Economic Association, vol. 72(5), pages 1056-69, December.
- Lawrence Kotlikoff & Avia Spivak & Lawrence H. Summers, 1980. "The Adequacy of Savings," Cowles Foundation Discussion Papers 569, Cowles Foundation for Research in Economics, Yale University.
- Laurence J. Kotlikoff & Lawrence H. Summers, 1981. "The Adequacy of Savings," NBER Working Papers 0627, National Bureau of Economic Research, Inc.
- Olivia S. Mitchell, 1987.
"Worker Knowledge of Pension Provisions,"
NBER Working Papers
2414, National Bureau of Economic Research, Inc.
- Brown, Charles, 1988. "Minimum Wage Laws: Are They Overrated?," Journal of Economic Perspectives, American Economic Association, vol. 2(3), pages 133-45, Summer.
When requesting a correction, please mention this item's handle: RePEc:nbr:nberwo:3260. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: ()
If references are entirely missing, you can add them using this form.