Intereconomics

, Volume 52, Issue 3, pp 154–159 | Cite as

Risk Reduction, Risk Sharing and Moral Hazard: A Vaccination Metaphor

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Abstract

This paper focuses on unemployment insurance; it sketches the rationale for a degree of centralisation that would create a lean insurance union, addressing the risk of large economic shocks.

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Copyright information

© ZBW and Springer-Verlag GmbH Germany 2017

Authors and Affiliations

  1. 1.Universiteit van AmsterdamWX AmsterdamNetherlands

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