and of income losses following a crisis. She tests the validity of "insurance" and "liquidity" models of currency crisis …

"This paper exploits the transitions between tax-financed health care and social health insurance in the OECD countries … over the period 1960-2006 to assess the effects of adopting social health insurance over tax finance on per capita health … health insurance in preference to tax financing increases per capita health spending by 3-4 percent, reduces the formal …