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@article{ART001776743},
author={Cheon, Byung You},
title={A Study of Incentive Problems of Welfare State},
journal={Korea Social Policy Review},
issn={1226-0525},
year={2013},
volume={20},
number={2},
pages={69-96},
doi={10.17000/kspr.20.2.201306.69}

TY - JOUR
AU - Cheon, Byung You
TI - A Study of Incentive Problems of Welfare State
JO - Korea Social Policy Review
PY - 2013
VL - 20
IS - 2
PB - Korean Association of Social Policy
SP - 69
EP - 96
SN - 1226-0525
AB - This paper is to critically review the economic reasoning of non-sustainability of welfare state due to its intrinsic incentive problems and to see how the nordic welfare state responds to them. The welfare state as a political design of state to pursue equality has social insurance as its main economic function. It survives market failure of private insurance to contribute to human capital investment and industrial restructuring. The universal tax-financed welfare state, however, has the problem of tragedy of commons such as reduced work incentive and work ethics. But, the existing nordic welfare state overcomes it through employment-focused policy arrangements, maintenance of work ethics and benefits moral, incentive mechanism of wage-compression, public educational investment and its complementation with social security. The Nordic model shows that problems of incentive and moral are not about those of theory and reasoning, but about their reality which policies and institutions could respond to.
KW - welfare state;incentive;inequality;social insurance
DO - 10.17000/kspr.20.2.201306.69
ER -

Cheon, Byung You. (2013). A Study of Incentive Problems of Welfare State. Korea Social Policy Review, 20(2), 69-96.

Cheon, Byung You. 2013, "A Study of Incentive Problems of Welfare State", Korea Social Policy Review, vol.20, no.2 pp.69-96. Available from: doi:10.17000/kspr.20.2.201306.69

Cheon, Byung You "A Study of Incentive Problems of Welfare State" Korea Social Policy Review 20.2 pp.69-96 (2013) : 69.

Cheon, Byung You. A Study of Incentive Problems of Welfare State. 2013; 20(2), 69-96. Available from: doi:10.17000/kspr.20.2.201306.69

Cheon, Byung You. "A Study of Incentive Problems of Welfare State" Korea Social Policy Review 20, no.2 (2013) : 69-96.doi: 10.17000/kspr.20.2.201306.69

Cheon, Byung You. A Study of Incentive Problems of Welfare State. Korea Social Policy Review, 20(2), 69-96. doi: 10.17000/kspr.20.2.201306.69

Cheon, Byung You. A Study of Incentive Problems of Welfare State. Korea Social Policy Review. 2013; 20(2) 69-96. doi: 10.17000/kspr.20.2.201306.69

Cheon, Byung You. A Study of Incentive Problems of Welfare State. 2013; 20(2), 69-96. Available from: doi:10.17000/kspr.20.2.201306.69

Cheon, Byung You. "A Study of Incentive Problems of Welfare State" Korea Social Policy Review 20, no.2 (2013) : 69-96.doi: 10.17000/kspr.20.2.201306.69