Simple Models of Income Redistribution

Häftad, Engelska, 2018

AvAndrás Simonovits,Andras Simonovits,András

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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.

Produktinformation

Utgivningsdatum2018-12-25
Mått148 x 210 x undefined mm
FormatHäftad
SpråkEngelska
Antal sidor292
FörlagSpringer Nature Switzerland AG
ISBN9783030102142

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Andras Simonovits is Professor Emeritus at the Institute of Economics, Hungarian Academy of Sciences. During his career he has taught at various universities including Boston University, University of Illinois, Tilburg University and Louvain-la-Neuve. In 2007, he received the Officer Cross of the Republic of Hungary. His research interests include Priority Queuing, Linear Models, Decentralized Control, Macromodels of the Socialist Economies, Overlapping Generations, and Pension Systems. Recently his main research interest is Modelling Pension Systems, especially designing good pension rules for flexible retirement. In addition to publishing several dozen papers and book chapters, he has published three books previously with Palgrave Macmillan.

1. Introduction.- 2.Introductory tax models.- 3. Introductory pension models.- 4. Four pension models with two types.- 5.Proportional (earnings-related) pension system.- 6. Progressive transfer systems.- 7. Cap on contribution base.- 8. Voluntary pension system.- 9. Flexible vs. seniority pensions.- 10. Optimal child benefits and income taxes.- 11. Child support, pension and fertility.- 12. Models of political economy.- 13. Imperfect knowledge of the pension rules: irrational inattention.- 14. Dynamic extensions.- 15. Conclusions.

“The target readership is students and researchers interested in redistribution and transfers. … the emphasis is on economic intuition and on understanding the logic of transfer systems. This feature makes the book an especially useful companion resource for the intermediate and advanced undergraduate or Master's level study of labour economics. At a doctorate or post-doctorate level the book provides a helpful background reading on construction of simple baseline models.” (Nigar Hashimzade, Mathematical Reviews, August, 2020)