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Social Insurance with Indirect Democracy

Author

Listed:
  • Stéphane Rossignol

    (EUREQUA - Equipe Universitaire de Recherche en Economie Quantitative - UP1 - Université Paris 1 Panthéon-Sorbonne - CNRS - Centre National de la Recherche Scientifique)

  • Emmanuelle Taugourdeau

    (CREM - Centre de recherche en économie et management - UNICAEN - Université de Caen Normandie - NU - Normandie Université - UR - Université de Rennes - CNRS - Centre National de la Recherche Scientifique)

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.

Suggested Citation

  • Stéphane Rossignol & Emmanuelle Taugourdeau, 2004. "Social Insurance with Indirect Democracy," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-00069086, HAL.
    • Handle: RePEc:hal:cesptp:halshs-00069086
    DOI: 10.1016/j.econlet.2003.09.012
    as

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    Keywords

    social insurance; indirect democracy;

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