G2TT
来源类型Discussion paper
规范类型论文
来源IDDP4241
DP4241 On-the-Job Training, Firing Costs and Employment
Dennis Snower; Pilar Diaz-Vazquez
发表日期2004-02-23
出版年2004
语种英语
摘要This Paper starts from the result of Rochet (1989), 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 assumptions. Individuals can take actions influencing the size of the loss in the event of accident (or ill health). Social insurance can be supplemented by private insurance, but private insurance markets are affected by both adverse selection and moral hazard. The main purpose of the present Paper is to study how equity and efficiency considerations should be traded off in choosing the optimal coverage of social insurance when those features are introduced.
主题Public Economics
关键词Social insurance Redistribution Market failures
URLhttps://cepr.org/publications/dp4241
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/533207
推荐引用方式
GB/T 7714
Dennis Snower,Pilar Diaz-Vazquez. DP4241 On-the-Job Training, Firing Costs and Employment. 2004.
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