The Economics of Social Protection

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Pierre Pestieau (Université de Liège and Université Catholique de Louvain, Belgium)

The Economics of Social Protection

Pierre Pestieau (Université de Liège and Université Catholique de Louvain, Belgium)

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English

Cambridge University Press
28 September 2023

Monetary economics; Welfare economics; Economic systems & structures; Social insurance law

Series: Elements in Public Economics

Summary
Details

The objective of this Element is to provide an analysis of social protection from an economic perspective. It relies on tools and methods widely used in public and insurance economics and comprises four main section besides the introduction. The first section is devoted to the design of social protection programs and their political sustainability. The second section assesses the efficiency and performance of social protection programs, and of the welfare state as a whole. In the third section, the relative merits of social and private insurance are analyzed as well as the design of optimum insurance contract with emphasis on health and pensions. The last section focuses on the implications of asymmetric information that may lead governments to adopt policies that would otherwise be rejected in a perfect information setting.

By: Pierre Pestieau (Université de Liège and Université Catholique de Louvain Belgium)
Imprint: Cambridge University Press
Country of Publication: United Kingdom
Weight: 95g
ISBN: 9781009295482
ISBN 10: 1009295489
Series: Elements in Public Economics
Pages: 75
Publication Date: 28 September 2023
Audience: General/trade , ELT Advanced
Format: Paperback
Publisher's Status: Active