Contact
University of Konstanz
Chair of Public Economics
Box 133
D-78457 Konstanz
Tel.: +49-7531-88-2565
Fax: +49-7531-88-4135
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Welcome to the Chair of Public Economics
This website provides information about the teaching and research activities of the Chair of Public Economics.
Our research focuses on Policy Evaluation, Economics of Education, Labor Economics, and Public Economics.
We offer courses and seminars at the undergraduate (Bachelor) and graduate (Master, PhD) levels.
For more information please refer to the links at the top of this page.
Research Colloquium - Employee health and firm performance
Time
Tuesday, 23. April 2024
15:15 - 16:45
Location
F425
Organizer
Chair of Finance
Speaker:
Alexander Schandlbauer (SDU - University of Southern Denmark)
Employee health and firm performance
Daniel A. Rettl (University of Georgia), Alexander Schandlbauer (University of Southern Denmark), Mircea Trandafir (Rockwool Foundation Research Unit and IZA)
Abstract: Using administrative data on the universe of private firms in Denmark, we find that even temporary and small health shocks to employee health like seasonal influenza can significantly reduce firm profitability. The effects are driven by labor-intensive firms and decrease in firm size and financial flexibility, suggesting that firms that are better able to shift resources can insulate themselves better. Our results indicate that employees are shielded from these negative effects, while owners (especially of small firms) see reduced dividends. Back-of-the-envelope calculations propose that all but the largest firms may benefit from subsidizing vaccination programs for their employees.
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Research Colloquium - Employee health and firm performance
Time
Tuesday, 23. April 2024
15:15 - 16:45
Location
F425
Organizer
Chair of Finance
Speaker:
Alexander Schandlbauer (SDU - University of Southern Denmark)
Employee health and firm performance
Daniel A. Rettl (University of Georgia), Alexander Schandlbauer (University of Southern Denmark), Mircea Trandafir (Rockwool Foundation Research Unit and IZA)
Abstract: Using administrative data on the universe of private firms in Denmark, we find that even temporary and small health shocks to employee health like seasonal influenza can significantly reduce firm profitability. The effects are driven by labor-intensive firms and decrease in firm size and financial flexibility, suggesting that firms that are better able to shift resources can insulate themselves better. Our results indicate that employees are shielded from these negative effects, while owners (especially of small firms) see reduced dividends. Back-of-the-envelope calculations propose that all but the largest firms may benefit from subsidizing vaccination programs for their employees.