Politically credible social insurance

A-Tier
Journal: Journal of Monetary Economics
Year: 2008
Volume: 55
Issue: 1
Pages: 129-151

Authors (2)

Sleet, Christopher (not in RePEc) Yeltekin, Sevin (Carnegie Mellon University)

Score contribution per author:

2.011 = (α=2.01 / 2 authors) × 2.0x A-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

This paper considers the political credibility of allocations in settings with dynamic private information. It embeds a benchmark dynamic moral environment into political economy games which feature repeated voting over mechanisms. Optimal politically credible allocations are shown to solve virtual planning problems with social discount factors in excess of the private one.

Technical Details

RePEc Handle
repec:eee:moneco:v:55:y:2008:i:1:p:129-151
Journal Field
Macro
Author Count
2
Added to Database
2026-01-29