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  • 标题:The Supply of Social Insurance
  • 本地全文:下载
  • 作者:Gonzalez, M. ; Wen, W.
  • 期刊名称:Cambridge Working Papers in Economics / Faculty of Economics ; Department of Applied Economics
  • 出版年度:2007
  • 卷号:1
  • 出版社:Cambridge University
  • 摘要:We propose a theory of the welfare state, in which social transfers are chosen by a governing group interacting with non-governing groups repeatedly. Social demands from the non-governing groups are credible because these groups have the ability to generate social conflict. In this context social insurance is supplied as an equilibrium response to income risks within a self-enforcing social contract. When we explore the implications of such a view of the social contract, we find four main determinants of the welfare state: the degree of aggregate income risk; the heterogeneity of group-specific income risks; the public administration’s ability to implement group-specific transfers; and the ability of the nongoverning groups to coordinate their social demands. We also analyze the link between public good provision and social insurance.
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