Boadway, Robin; Leite-Monteiro, Manuel; Marchand, Maurice; … - 2008
Rochet (1989) showed that with distortionary income taxes, social insurance is a desirable redistributive device when … event of accident (or ill health). Social insurance can be supplemented by private insurance, but private insurance markets … traded off in choosing the optimal coverage of social insurance when those features are introduced. The case for social …
