References of "Scandinavian Journal of Economics"
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See detailAccidental bequests
Pestieau, Pierre ULg; Cremer, Helmuth; Gahvari, Firouz

in Scandinavian Journal of Economics (2012), 114

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See detailTaxing Sin Goods and Subsidizing Health Care
Pestieau, Pierre ULg; Cremer, Helmuth; De Donder, Philippe et al

in Scandinavian Journal of Economics (2012), 114(1), 101-123

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See detailSocial Insurance and Redistribution with Moral Hazard and Adverse Selection
Boadway, Robin; Leite-Monteiro, Manuel; Pestieau, Pierre ULg et al

in Scandinavian Journal of Economics (2006), 108(2), 279-298

Rochet (1991) 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 ... [more ▼]

Rochet (1991) 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 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. We study how equity and efficiency considerations should be traded off in choosing the optimal coverage of social insurance when those features are introduced. The case for social insurance is strongest when the government is well informed about household productivity. [less ▲]

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