Optimal Taxation and Social Insurance with Endogenous Private Insurance

DSpace/Manakin Repository

Optimal Taxation and Social Insurance with Endogenous Private Insurance

Show simple item record

dc.contributor.author Chetty, Nadarajan
dc.contributor.author Saez, Emmanuel
dc.date.accessioned 2012-10-05T19:39:33Z
dc.date.issued 2010
dc.identifier.citation Chetty, Raj and Emannuel Saez. 2010. Optimal taxation and social insurance with endogenous private insurance. American Economic Journal: Economic Policy 2(2): 85-116. en_US
dc.identifier.issn 0898-2937 en_US
dc.identifier.issn 1945-774X en_US
dc.identifier.uri http://nrs.harvard.edu/urn-3:HUL.InstRepos:9696326
dc.description.abstract This paper characterizes the welfare gains from redistributive taxation and social insurance in an environment where the private sector provides partial insurance. We analyze stylized models in which adverse selection, pre-existing information, or imperfect optimization in private insurance markets create a role for government intervention. We derive simple formulas that map reduced-form empirical estimates into quantitative predictions for optimal tax and social insurance policy. Applications to unemployment and health insurance show that taking private market insurance into account matters significantly for optimal benefit levels given existing empirical estimates of the key parameters. en_US
dc.description.sponsorship Economics en_US
dc.language.iso en_US en_US
dc.publisher National Bureau of Economic Research en_US
dc.relation.isversionof doi:10.1257/pol.2.2.85 en_US
dc.relation.hasversion http://www.nber.org/papers/w14403.pdf en_US
dash.license OAP
dc.title Optimal Taxation and Social Insurance with Endogenous Private Insurance en_US
dc.type Journal Article en_US
dc.description.version Author's Original en_US
dc.relation.journal American Economic Journal: Economic Policy en_US
dash.depositing.author Chetty, Nadarajan
dc.date.available 2012-10-05T19:39:33Z

Files in this item

Files Size Format View
endog_priv_insurance_aej.pdf 252.0Kb PDF View/Open

This item appears in the following Collection(s)

  • FAS Scholarly Articles [7220]
    Peer reviewed scholarly articles from the Faculty of Arts and Sciences of Harvard University

Show simple item record

 
 

Search DASH


Advanced Search
 
 

Submitters