Boadway, Robin; Leite-Monteiro, Manuel; Marchand, Maurice; … - In: Scandinavian Journal of Economics 108 (2006) 2, pp. 279-298
<link rid="b14">Rochet (1991)</link> showed that with distortionary income taxes, social insurance is a desirable redistributive device when risk and ability are negatively correlated. This finding is re-examined when "ex post" moral hazard and adverse selection are included, and under different informational...