Our paper provides an explanation why cost-of-living adjustment (COLA) provisions and their characteristics vary widely across U.S. industries. We develop models of optimal risk sharing between a firm and union to investigate the determinants of a number of contract characteristics. These include the presence and degree of wage indexing, the magnitude of deferred noncontingent wage increases, c...

I present a theory of the optimal capital structure and dividend policy for family business groups expanding in countries where the private control benefit is substantial and the market for corporate control is active. Here, issuing debt overcomes the limited dilution capacity of equity, but reduces the expected control benefit by increasing the probability of default. When family business grou...

BACKGROUND Complementary health insurance is increasingly used to remedy the limitations and shortcomings of the basic health insurance benefit packages. Hence, it is essential to gather reliable information about the amount of Willingness to Pay (WTP) for health insurance. We assessed the WTP for health insurance in Iran in order to suggest an affordable complementary health insurance. METHO...

In recent years the major developments in employee-benefit plans sponsored or underwritten by private organizations have been reported regularly in the Social Xecurity Bulletin. Thiis year the report is in two parts. Part I, which appeared in the April issue of the Bulletin, included 1959 data on coverage, contributions, and benefits under health, welfare, and retirement plans. In addition it d...

From time to time the Bulletin carries reports on operations in the five States that supplement the unemployment insurance benefit with a small allowance for dependents of beneficiaries . This article discusses sources from which data on the dependents of wage earners can be obtained and the use of such information in estimating the extent to which inclusion of dependents’ allowances aflects th...

Appears in: ICERI2022 Proceedings Publication year: 2022Pages: 1342-1348ISBN: 978-84-09-45476-1ISSN: 2340-1095doi: 10.21125/iceri.2022.0358Conference name: 15th annual International Conference of Education, Research and InnovationDates: 7-9 November, 2022Location: Seville, Spain