Accountability in a Privatized Welfare State

Measuring Welfare Losses from Adverse Selection and Imperfect Competition in Privatized Medicare

This paper measures welfare losses caused by adverse selection and imperfect competition in privatized Medicare. I model insurers’ premium and coverage choices in an environment where consumers with heterogeneous preferences may impose di¤erent costs on their insurers. Using insurers’ behavior and exogenous variation in market structure, I identify a causal link between consumers’types and insu...

One INTRODUCTION : EVERY STATE A WELFARE STATE

THIS BOOK examines the constitutional dimensions of the welfare debate in America. The precise shape of state-facilitated welfare here and elsewhere will depend on results of policy experiments either under way or anticipated and on the contest among philosophic frameworks for describing those results. Because I share to some limited extent the conventional view that constitutional questions di...

Welfare State Unemployment: A Comment

The Welfare State in a Changing Environment

We analyse how the welfare state, i.e., social insurance that works through redistributive taxation, should respond to increases in risks and to increases in the cost of operating the welfare state. With respect to risks, we distinguish between risks that can be insured and such that cannot (background risks). Insurable risks can be reduced by costly individual selfinsurance and by costly socia...

Wellbeing in the Welfare State

Wellbeing' and 'welfare' are often bracketed together, in particular wellbeing and state-welfare. The level of wellbeing is believed to be higher in welfare states, and its distribution more equitable. This theory is tested in a comparative study of 40 nations 1980-1990. The size of state welfare is measured by social security expenditure. The wellbeing of citizens is measured in terms of the d...