search query: @indexterm Social security / total: 450
reference: 39 / 450
« previous | next »
Author:Hindriks, J.
Donder, P. de
Title:The politics of redistributive social insurance
Journal:Journal of Public Economics
2003 : DEC, VOL. 87:12, p. 2639-2660
Index terms:Social security
Adverse selection
Information economics
Freeterms:Social insurance
Majority rule
Redistribution
Language:eng
Abstract:The authors analyse the political support for a social insurance that includes elements of redistribution when there exists an imperfect private insurance alternative. Adopting a non-expected utility model, they show that there is a general majority support for social insurance and that this support is increasing with risk aversion. They also show that a mixed insurance is politically impossible, regardless of the degree of redistribution of social insurance and the joint distribution of risk and income in the population.
SCIMA record nr: 253219
add to basket
« previous | next »
SCIMA