IDEAS home Printed from https://ideas.repec.org/a/spr/jopoec/v13y2000i3p425-441.html
   My bibliography  Save this article

Occupational risks, social insurance and investments in education

Author

Listed:
  • Dan Anderberg

    (Department of Economics, Heriot-Watt University, Riccarton Edinburgh EH14 4AS, United Kingdom.)

Abstract

A link between social insurance and education policy is explored. Due to moral hazard full insurance against disability is not feasible. When high- and low-risk individuals can be identified second-best social insurance system entails cross-subsidies from the low-risk group to the high-risk group. Implementation of this second-best insurance however distorts the human capital investment decisions when education qualifies for a low risk job. Therefore, the second-best social insurance together with an education subsidy is a welfare improving policy. An education policy also has the role of establishing dynamic consistency of the government's policy.

Suggested Citation

  • Dan Anderberg, 2000. "Occupational risks, social insurance and investments in education," Journal of Population Economics, Springer;European Society for Population Economics, vol. 13(3), pages 425-441.
    • Handle: RePEc:spr:jopoec:v:13:y:2000:i:3:p:425-441
    Note: Received: 16 October 1998/Accepted: 8 September 1999
    as

    Download full text from publisher

    File URL: http://link.springer.de/link/service/journals/00148/papers/0013003/00130425.pdf
    Download Restriction: Access to the full text of the articles in this series is restricted
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Keywords

    Disability pensions · time consistency · education policy;

    JEL classification:

    • H21 - Public Economics - - Taxation, Subsidies, and Revenue - - - Efficiency; Optimal Taxation
    • H42 - Public Economics - - Publicly Provided Goods - - - Publicly Provided Private Goods
    • I28 - Health, Education, and Welfare - - Education - - - Government Policy

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:jopoec:v:13:y:2000:i:3:p:425-441. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.