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Simple Models of Income Redistribution

  • András Simonovits
Book

Table of contents

  1. Front Matter
    Pages i-xviii
  2. András Simonovits
    Pages 1-23
  3. András Simonovits
    Pages 25-40
  4. András Simonovits
    Pages 41-55
  5. András Simonovits
    Pages 57-68
  6. András Simonovits
    Pages 69-84
  7. András Simonovits
    Pages 85-99
  8. András Simonovits
    Pages 101-111
  9. András Simonovits
    Pages 113-125
  10. András Simonovits
    Pages 127-141
  11. András Simonovits
    Pages 143-157
  12. András Simonovits
    Pages 159-173
  13. András Simonovits
    Pages 175-187
  14. András Simonovits
    Pages 199-212
  15. András Simonovits
    Pages 213-224
  16. András Simonovits
    Pages 225-227
  17. Back Matter
    Pages 229-292

About this book

Introduction

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.

Keywords

Intra-generational transfers Intergenerational transfers Tax redistribution Flexible labour supply Social insurance Proportional pension system Voluntary pensions Progressive transfer systems Flexible retirement Optimal child benefits

Authors and affiliations

  • András Simonovits
    • 1
  1. 1.Hungarian Academy of SciencesBudapestHungary

Bibliographic information

  • DOI https://doi.org/10.1007/978-3-319-72502-4
  • Copyright Information The Editor(s) (if applicable) and The Author(s) 2018
  • Publisher Name Palgrave Macmillan, Cham
  • eBook Packages Economics and Finance
  • Print ISBN 978-3-319-72501-7
  • Online ISBN 978-3-319-72502-4
  • Buy this book on publisher's site