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Government social insurance programs provide a safety net for society's elderly, indigent and unemployed persons. All forms of insurance tend to reduce the extent of social evils that are meant to alleviate. Fraudulent claims inflated claims 10 classification of insurance mechanism insurance mechanism may be divided and subdivided into classifications based on the perils insured…
Tag: social
Egypt Social Insurance Law 2020
26 of 2020 was issued by the egyptian government to introduce new progressive tax rates for individual income tax purposes that will apply as from 1 july 2020 with respect to income related to salaries. 111, 112, 113, and 114) related to the obligations of the state treasury, which had entered into force on 20…
A General Formula For The Optimal Level Of Social Insurance
A general formula for the optimal level of social insurance, journal of public economics, elsevier, vol. The optimal long‐term contract subject to the associated incentive constraints is characterized. In particular, the planner’s problem is max b w~ (b) = (1 s(b))u(c u) + s(b)u(c e) (s(b)) such that b(1 s(b)) = s(b)˝: A general formula…