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against income risks. But studies measuring redistribution often focus only on a one-year period. Using German SOEP data from …-individual component. Results show that annual inequality is higher than long-term inequality, but redistribution is also larger annually …. In the long-term, the German welfare state clearly gives priority to insurance over redistribution. This gets even more …
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The objective of this Element is to provide an analysis of social protection from an economic perspective. It relies on tools and methods widely used in public and insurance economics and comprises four main section besides the introduction. The first section is devoted to the design of social...
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