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What is Determinants of Social Insurance Supply about?

1) The document proposes a theory that social transfers are chosen by a governing group interacting repeatedly with non-governing groups to balance distributional conflict. 2) Social insurance is supplied as an equilibrium response to income risks within a self-enforcing social contract between these groups. 3) Four main determinants of the welfare state are identified: the degree of aggregate income risk, the heterogeneity of group-specific income risks, the ability to implement group-specific transfer

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