Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/252050 
Authors: 
Year of Publication: 
2022
Series/Report no.: 
CESifo Working Paper No. 9533
Publisher: 
Center for Economic Studies and ifo Institute (CESifo), Munich
Abstract: 
Most of the key amenities of our today jobs did not emerge in private contracts; instead, they appeared in collective agreements and regulations. I argue that understanding this observation can guide the provision of future amenities. I show that markets underprovide an amenity if workers who value it more have a lower average unobserved productivity. Universal mandate of such amenities improves social welfare when taste-productivity correlation is high. Policies that leverage heterogeneity in the taste-productivity correlation by observable characteristics, e.g., quota and tagging, dominate mandate in the presence of a mild adverse selection.
Document Type: 
Working Paper
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