Overview
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.
Full Product Details
Author: András Simonovits
Publisher: Springer Nature Switzerland AG
Imprint: Springer Nature Switzerland AG
Edition: Softcover Reprint of the Original 1st 2018 ed.
Dimensions:
Width: 14.80cm
, Height: 1.70cm
, Length: 21.00cm
Weight: 0.454kg
ISBN: 9783030102142
ISBN 10: 3030102149
Pages: 292
Publication Date: 25 December 2018
Audience:
Professional and scholarly
,
Professional & Vocational
Format: Paperback
Publisher's Status: Active
Availability: Manufactured on demand
We will order this item for you from a manufactured on demand supplier.
Reviews
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)
“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)
Author Information
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.
