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Social insurance with representative democracy

  • Université Panthéon-Sorbonne (Paris 1)
  • Université Versailles-Saint Quentin

Research output: Contribution to journalArticlepeer-review

Abstract

In a representative democracy model we determine the preferred social insurance system. We show that it corresponds to that which implies the lowest contribution rate when the risk aversion is high.

Original languageEnglish
Pages (from-to)127-134
Number of pages8
JournalEconomics Letters
Volume82
Issue number1
DOIs
Publication statusPublished - 1 Jan 2004
Externally publishedYes

Keywords

  • Representative democracy
  • Social insurance

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