ECONOMICS OF THE WELFARE STATE
Année du cours : 1 année(s)
Etablissement : IÉSEG School of Management
Langue : English
Formation(s) dans laquelle/lesquelles le cours apparait :
Période : S1
none
At the end of the course, the student should be able to :
– understand why Welfare States exist;
– Understand how benefit design tries to reduce moral hazard and poverty traps.
1. Welfare States
1.1 Why did welfare states emerge? How did they develop?
1.2 The building blocks: Social insurance, social assistance, and individual insurance;
1.3 The economics of state intervention;
1.4 The economics of insurance, moral hazard and adverse selection;
2. Welfare state’s main schemes (excluding pensions)
2.1 Unemployment insurance: make-work pay;
2.2 Social Assistance;
2.3 Child and family policies;
3. Pensions
3.1 The traditional pay-as-you-go arrangement;
3.2 A demographic bomb?
3.3 The implicit debt problem;
3.4 Case studies on pension systems and reforms.