As an employee who receives such benefits, I find it hard to believe that a company's extensive and generous subsidization of services does not contribute to medical inflation by lessening incentives to economize.
Mandating a fixed threshold will also have the perverse effect of lessening incentives to increase productivity in health care and get lower prices from insurers, physicians and hospitals.
Both positions are reflected in the analysis of Blanchard et al. (2013) who argue on the positive side of the ledger that, in sectors where there are a large numbers of small firms, transaction costs might preempt bargaining ab initio and also that extension arrangements might rule out, or at least lessen, incentives to undercut reasonable wages and working conditions.
Reforms promised by President Xi and Premier Li will lessen incentives or opportunities to push investment into low return territory so that capital will be allocated more by market determined prices, outcomes and innovation.
The income tax, she wrote, "does not attack private property, but merely limits it at a point far above what most people reach, and no Christian mind would surely stoop to the meanness of claiming that it would unduly lessen incentive.
Eleven years later, they have profoundly lessened businesses' incentives to produce and import goods, and have divided the country between those with access to hard currency and those without.
This is consistent with an analytical scenario where the EU/EEC-induced raise in market competition levels has lessened the incentives of agricultural producers in Portugal to implement technology and productivity upgrading policies.
To prevent such social dislocation, we need to lessen the incentives that are driving gentrification.
This finding is consistent with the analytical scenarios where RTAs lessen the incentives to implement productivity upgrading policies.
Alternatively, the formation of an RTA could lessen the incentives of domestic firms in the agricultural sector of importing member countries to implement technology and productivity upgrading policies.
