Simple Models of Income Redistribution

• Main Author: Simonovits, András (Author, http://id.loc.gov/vocabulary/relators/aut)
• Corporate Author: SpringerLink (Online service)
• Format: Electronic eBook
• Language: English
• Published: Cham : Springer International Publishing : Imprint: Palgrave Macmillan, 2018.
• Edition: 1st ed. 2018.
• Subjects: Public finance.; Economic theory.; Public Economics.; Economic Theory/Quantitative Economics/Mathematical Methods.

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 t...

Table of Contents:

• 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.