nep-ias New Economics Papers
on Insurance Economics
Issue of 2010‒12‒11
three papers chosen by
Soumitra K Mallick
Indian Institute of Social Welfare and Business Management

  1. Family Job Search, Wage Bargaining, and Optimal Unemployment Insurance By Ek, Susanne; Holmlund, Bertil
  2. Health Insurance Availability and Entrepreneurship By Kalena E. Cortes
  3. Salient Aspects of the Growth Story of Indian Railways: 1981-82 through 2007-08 By Alivelu G

  1. By: Ek, Susanne (Uppsala Center for Labor Studies); Holmlund, Bertil (Uppsala Center for Labor Studies)
    Abstract: In this paper we develop an equilibrium search and matching model where two-person families as well as singles participate in the labor market. We show that equilibrium entails wage dispersion among equally productive risk-averse workers. Marital status as well as spousal labor market status matters for wage outcomes. In general, employed members of two-person families receive higher wages than employed singles. The model is applied to a welfare analysis of alternative unemployment insurance systems, while recognizing the role of spousal employment as a partial substitute for public insurance. The optimal system involves benefit differentiation based on marital status as well as spousal labor market status
    Keywords: Job search; wage bargaining; wage differentials; unemployment; unemployment insurance
    JEL: J31 J64 J65
    Date: 2010–04–08
  2. By: Kalena E. Cortes (Syracuse University)
    Abstract: In light of the recent bans on affirmative action in higher education, this paper provides new evidence on the effects of alternative admissions policies on the persistence and college completion of minority students. I find that the change from affirmative action to the Top 10% Plan in Texas decreased both retention and graduation rates of lower-ranked minority students. Results show that both fall-to-fall freshmen retention and six-year college graduation of seconddecile minority students decreased, respectively, by 2.4 and 3.3 percentage points. The effect of the change in admissions policy was slightly larger for minority students in the third and lower deciles -- fall-to-fall freshmen retention and six-year college graduation decreased, respectively, by 4.9 and 4.2 percentage points. Moreover, I find no evidence in support of the minority "mismatch" hypothesis. These results suggest that most of the increase in the graduation gap between minorities and non-minorities in Texas, a staggering 90 percent, was driven by the elimination of affirmative action in the 1990s.
    Keywords: Affirmative Action, Top 10% Plan, College Quality, Freshmen Retention, College Graduation
    JEL: I21 I23 J15 J24
    Date: 2010–05
  3. By: Alivelu G
    Abstract: This paper makes an attempt to provide a broad overview of the salient aspects of the growth story of Indian Railways (IR) since independence. More specifically, the study aims to analyse the trends of output and employment for the period 1981-82 through 2007-08. The entire study period is divided into three sub-periods - Period I (1981-82 to 1991-92); Period II (1992-93-2002-03); Period III (2003-04 to 2007-08). In addition, the study also looks at the 'turnaround' story of IR. [CESS WP No. 86].
    Keywords: indian railways, employment, independence, skilled management personnel, time, cost, resources, insurance, communications, health, trade, Bombay, utility, efficiency, workload, Thane
    Date: 2010

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