Rethinking Social Insurance

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منابع مشابه

Rethinking Social Insurance (March 2005)

Social insurance is a subject I have been studying for nearly 40 years. The intellectual and policy revolution in social insurance that is occurring around the world is among the most significant and positive developments of current economics. Social insurance programs have become the most important, the most expensive, and often the most controversial aspect of government domestic policy, not ...

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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...

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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...

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ژورنال

عنوان ژورنال: American Economic Review

سال: 2005

ISSN: 0002-8282

DOI: 10.1257/0002828053828545