عنوان

Simple models of income redistribution /

(Number (ISBN

3319725025

(Number (ISBN

9783319725024

Erroneous ISBN

3319725017

Erroneous ISBN

9783319725017

Title Proper

Simple models of income redistribution /

General Material Designation

[Book]

First Statement of Responsibility

András Simonovits.

Place of Publication, Distribution, etc.

Cham, Switzerland :

Name of Publisher, Distributor, etc.

Palgrave Macmillan,

Date of Publication, Distribution, etc.

[2018]

Specific Material Designation and Extent of Item

1 online resource

Text of Note

Includes bibliographical references and index.

Text of Note

Intro; Preface; References; Contents; List of Tables; 1 Introduction; 1.1 Empirical Background; 1.2 Specifics of the Book; 1.3 Outline of the Book; References; 2 Introductory Tax Models; 2.1 Introduction; 2.2 Intragenerational Redistribution with Flexible Labor Supply; 2.3 Income Redistribution with Tax Morale; 2.4 Conclusions; References; 3 Introductory Pension Models; 3.1 Introduction; 3.2 Myopia and Mandatory Pension; 3.3 Longevity Risk and Public Lifetime Annuity; 3.4 Social Insurance of Old-Age Income; 3.5 Conclusions; References; 4 Four Pension Models with Two Types; 4.1 Introduction

Text of Note

11.3 Numerical Illustration11.4 Conclusions; References; 12 Models of Political Economy; 12.1 Introduction; 12.2 Voting on Taxation; 12.3 Voting on Pensions; 12.4 Conclusions; References; 13 Imperfect Knowledge of Transfer Rules: Irrational Inattention; 13.1 Introduction; 13.2 Underestimating the Collected Taxes; 13.3 Pension Framework; 13.4 Hidden Loss at Entering the Mixed System; 13.5 Underestimating the Delayed Retirement Credit; 13.6 Conclusions; References; 14 Wage-Dependent Longevity and Pension Benefits; 14.1 Introduction; 14.2 Time- and Age-Invariant Wages and Common Retirement Ages

Text of Note

14.3 Heterogeneous Retirement Ages14.4 Partial Wage Indexation of Benefits; 14.5 Conclusions; References; 15 Dynamic Extensions; 15.1 Introduction; 15.2 Budget Balances and Government Debt; 15.3 Propagation of a Tax Rate Reduction; 15.4 Overlapping Generations; 15.5 Conclusions; References; 16 Conclusions; References; Appendices; List of Symbols; Thesaurus; Index

Text of Note

4.2 Proportional (Earnings-Related) Pension4.3 Means-Tested Pension System; 4.4 Cap on the Pension Contribution Base; 4.5 Voluntary Pensions; 4.6 Conclusions; References; 5 Proportional (Earnings-Related) Pension System; 5.1 Introduction; 5.2 Model; 5.3 Numerical Illustrations; 5.4 Conclusions; References; 6 Progressive Transfer Systems; 6.1 Introduction; 6.2 Progressive Taxation or Progressive Pensions; 6.3 Flat vs Means-Tested Pension and Pension Credit; 6.4 Conclusions; References; 7 Cap on Contribution Base; 7.1 Introduction; 7.2 Model; 7.3 Numerical Illustrations; 7.4 Conclusions

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Text of Note

The rising role of intra- and intergenerational transfers (e.g. basic income, child benefit and public pensions) characterises modern economies, yet most models depicting these transfers are too sophisticated for a wider but mathematically trained audience. This book presents simple models to fill the gap. The author considers a benevolent government maximizing social welfare by anticipating citizens' shortsighted reaction to the transfer rules. The resulting income redistribution is analyzed for low tax morale, strong labor disutility and heterogeneous life expectancy. Key issues that the book addresses include the socially optimal pension contribution rate, retirement age, and redistribution programs. The author concludes by removing some strong restrictions and introducing median voter, incomplete information and dynamic complications. The book will be of value for graduate students and researchers interested in public economics, especially in public and private pensions.

Title

Simple models of income redistribution.

International Standard Book Number

9783319725017

Distributive justice.

Econometric models.

Income distribution-- Mathematical models.

BUSINESS & ECONOMICS-- Economics-- Macroeconomics.

Distributive justice.

Econometric models.

Income distribution-- Mathematical models.

POLITICAL SCIENCE-- Economic Conditions.

BUS-- 039000

POL-- 023000

Number

Edition

Class number

Simonovits, András

Date of Transaction

20200823103722.0

Cataloguing Rules (Descriptive Conventions))

pn

Electronic name

[Book]

Y