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This paper analyses the political support for a social insurance that includes elements of redistribution when there …, regardless of the degree of redistribution of social insurance and the joint distribution of risk and income in the population …
Persistent link: https://www.econbiz.de/10005008343
In this paper we derive the equilibrium level of redistribution from one mobile factor (say, the rich or capital) to …
Persistent link: https://www.econbiz.de/10005008507
We study the political economy of social insurance in a world where individuals differ in both income and risk. Social insurance is financed through distortionary taxation and redistributes across income and risk. Individuals vote on social insurance which they can complement with insurance...
Persistent link: https://www.econbiz.de/10005043256