Migration and Social Insurance

Migration and Social Insurance

A wide variety of social protection systems coexist within the EU. Some member states provide social insurance that is of Beveridgean inspiration (with universal and more or less flat benefits), while others offer a system that is mainly Bismarckian (with benefits related to past contributions). Labor mobility raises concerns about the sustainability of the most generous and redistributive (Bev...

Social Norms in Social Insurance

We analyze how insurance arrangements, labor supply, moral hazard and outright cheating are affected by social norms. One question is under what conditions norms may improve social welfare. Another is under what conditions people should be allowed to opt out of social insurance. We introduce an informal production sector to analyze the consequences of alternative assumptions about the informati...

Development, Trade, and Social Insurance

Social Insurance and Economic Security

Social legislation is the popular topic of the day. If he realizes it the Forgotten Man must be mildly annoyed by being so well remembered. While the noisy protagonists of the various styles of social insurance are making their stirring pleas it is only right that the opponents have their day in court. Dr. Ochsner ably presents the case. His long and active career as a student in the Health Ins...

Politically sustainable social insurance

Private information underpins a basic social trade-off between incentives and inequality. Normative models of dynamic incentive provision explore the optimal evolution of this trade-off. Many prescribe relentlessly increasing levels of inequality. Indeed, under a variety of standard preference assumptions, an immiseration result obtains: a privileged measure zero set of agents obtain all resour...