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Erfordernisse und Grenzen staatlicher Risikoübernahme in der Marktwirtschaft

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  • Georg Milbradt
  • Ministerpräsident des Freistaats Sachsen

Abstract

This article deals with three aspects of social security coverage. Firstly, we shall explore to what extent the state should cover private risks through its social security system. Secondly, we discuss the situation in Germany, with special regard to the question whether Germany's current economic problems - stagnation and high unemployment - are caused by the growth of benefits provided by Social Security and the pay-as-you-go funding method. Thirdly, we look at risk coverage from the perspective of political economics. Polls show that the Germans increasingly mistrust the market mechanism. How, then, can the state reduce its coverage of individual risks and harness market forces instead of providing a minimum of social security? Copyright Verein für Socialpolitik und Blackwell Publishers Ltd, 2005

Suggested Citation

  • Georg Milbradt & Ministerpräsident des Freistaats Sachsen, 2005. "Erfordernisse und Grenzen staatlicher Risikoübernahme in der Marktwirtschaft," Perspektiven der Wirtschaftspolitik, Verein für Socialpolitik, vol. 6(4), pages 433-448, November.
  • Handle: RePEc:bla:perwir:v:6:y:2005:i:4:p:433-448
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    References listed on IDEAS

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    1. Benno Torgler & Sascha L. Schmidt & Bruno S. Frey, 2006. "The Power of Positional Concerns: A Panel Analysis," CREMA Working Paper Series 2006-19, Center for Research in Economics, Management and the Arts (CREMA).
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    3. James G. Lynch & Jeffrey S. Zax, 2000. "The Rewards to Running," Journal of Sports Economics, , vol. 1(4), pages 323-340, November.
    4. Stefan Szymanski, 2003. "The Economic Design of Sporting Contests," Journal of Economic Literature, American Economic Association, vol. 41(4), pages 1137-1187, December.
    5. Rosen, Sherwin, 1981. "The Economics of Superstars," American Economic Review, American Economic Association, vol. 71(5), pages 845-858, December.
    6. Lawrence M. Kahn, 2000. "The Sports Business as a Labor Market Laboratory," Journal of Economic Perspectives, American Economic Association, vol. 14(3), pages 75-94, Summer.
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