Download E-books Taxation, Incomplete Markets, and Social Security (Munich Lectures) (Munich Lectures in Economics) PDF

By Peter A. Diamond

In this booklet, Peter Diamond analyzes social safety as a particular
instance of optimum taxation idea. Assuming an international of incomplete markets and
uneven details, he makes use of a number of basic types to light up the
fiscal forces that undergo on particular social protection coverage concerns. the point of interest is on
the measure of progressivity fascinating in social protection and the layout of
incentives to hold up retirement past the earliest age of eligibility for benefits.
sooner than studying those versions, Diamond offers introductions to optimum source of revenue tax
conception and the speculation of incomplete markets. He accommodates contemporary theoretical
advancements similar to time-inconsistent personal tastes into his analyses and exhibits that
distorting taxes and a degree of progressivity in advantages are fascinating. Diamond
additionally discusses social defense reform, with a spotlight on Germany.

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