Economics, Econometrics and Finance
3 years ago

Optimal social insurance policies protect against life-long risks in new model.

SSRN Electronic Journal
Social Insurance in General Equilibrium
Arshia Hashemi

Paper Summary

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The study looks at how to best provide social insurance for people facing different levels of work ability and risks over their lives. It uses a model to figure out the best ways to help people without distorting the job market too much. The researchers found that certain factors can help determine the best ways to provide social insurance without causing too many problems in the economy.