haku: @author Attanasio, O. / yhteensä: 6
viite: 3 / 6
| Tekijä: | Attanasio, O. Rios-Rull, J-V. |
| Otsikko: | Consumption smoothing in island economies: Can public insurance reduce welfare? |
| Lehti: | European Economic Review
2000 : JUN, VOL. 44:7, p. 1225-1258 |
| Asiasana: | Contracts Models Mexico Latin America |
| Vapaa asiasana: | Consumption smoothing Public insurance |
| Kieli: | eng |
| Tiivistelmä: | This paper studies the effects of certain types of public compulsory insurance arrangements for aggregate shocks on private allocations in environments with limited commitment. It is shown that this type of insurance can improve the well-being of private situations, but it can also deteriorate it. It is also described how different characteristics of the environment affect the role of public insurance. Using data on the Mexican PROGRESA program, the impact that some government programs have in crowding out private transfers is documented. |
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