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Simple Models Of Income Redistribution

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Simple Models Of Income Redistribution

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Author : András Simonovits
language : en
Publisher: Springer
Release Date : 2018-05-23

Simple Models Of Income Redistribution written by András Simonovits and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-05-23 with Business & Economics categories.

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.

Economics Of Income Redistribution

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Author : G. Tullock
language : en
Publisher: Springer Science & Business Media
Release Date : 2013-11-11

Economics Of Income Redistribution written by G. Tullock and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-11-11 with Business & Economics categories.

Economics Of Income Redistribution

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Author : Gordon Tullock
language : en
Publisher:
Release Date : 1982

Economics Of Income Redistribution written by Gordon Tullock and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1982 with categories.

Income Distribution In Macroeconomic Models

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Author : Giuseppe Bertola
language : en
Publisher: Princeton University Press
Release Date : 2006

Income Distribution In Macroeconomic Models written by Giuseppe Bertola and has been published by Princeton University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006 with Business & Economics categories.

This book looks at the distribution of income and wealth and the effects that this has on the macroeconomy, and vice versa. Is a more equal distribution of income beneficial or harmful for macroeconomic growth, and how does the distribution of wealth evolve in a market economy? Taking stock of results and methods developed in the context of the 1990s revival of growth theory, the authors focus on capital accumulation and long-run growth. They show how rigorous, optimization-based technical tools can be applied, beyond the representative-agent framework of analysis, to account for realistic market imperfections and for political-economic interactions. The treatment is thorough, yet accessible to students and nonspecialist economists, and it offers specialist readers a wide-ranging and innovative treatment of an increasingly important research field. The book follows a single analytical thread through a series of different growth models, allowing readers to appreciate their structure and crucial assumptions. This is particularly useful at a time when the literature on income distribution and growth has developed quickly and in several different directions, becoming difficult to overview.

Redistribution Inequality And Growth

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Author : Mr.Jonathan David Ostry
language : en
Publisher: International Monetary Fund
Release Date : 2014-02-17

Redistribution Inequality And Growth written by Mr.Jonathan David Ostry and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-02-17 with Business & Economics categories.

The Fund has recognized in recent years that one cannot separate issues of economic growth and stability on one hand and equality on the other. Indeed, there is a strong case for considering inequality and an inability to sustain economic growth as two sides of the same coin. Central to the Fund’s mandate is providing advice that will enable members’ economies to grow on a sustained basis. But the Fund has rightly been cautious about recommending the use of redistributive policies given that such policies may themselves undercut economic efficiency and the prospects for sustained growth (the so-called “leaky bucket” hypothesis written about by the famous Yale economist Arthur Okun in the 1970s). This SDN follows up the previous SDN on inequality and growth by focusing on the role of redistribution. It finds that, from the perspective of the best available macroeconomic data, there is not a lot of evidence that redistribution has in fact undercut economic growth (except in extreme cases). One should be careful not to assume therefore—as Okun and others have—that there is a big tradeoff between redistribution and growth. The best available macroeconomic data do not support such a conclusion.

Income Redistribution And Social Policy

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Author : Alan Turner Peacock
language : en
Publisher:
Release Date : 1958

Income Redistribution And Social Policy written by Alan Turner Peacock and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1958 with categories.

Inequality And Optimal Redistribution

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Author : Hannu Tanninen
language : en
Publisher: Cambridge University Press
Release Date : 2019-04-30

Inequality And Optimal Redistribution written by Hannu Tanninen and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-04-30 with Political Science categories.

From the 1980s onward, income inequality increased in many advanced countries. It is very difficult to account for the rise in income inequality using the standard labour supply/demand explanation. Fiscal redistribution has become less effective in compensating increasing inequalities since the 1990s. Some of the basic features of redistribution can be explained through the optimal tax framework developed by J. A. Mirrlees in 1971. This Element surveys some of the earlier results in linear and nonlinear taxation and produces some new numerical results. Given the key role of capital income in the overall income inequality, it also considers the optimal taxation of capital income. It examines empirically the relationship between the extent of redistribution and the components of the Mirrlees framework. The redistributive role of factors such as publicly provided private goods, public employment, endogenous wages in the overlapping generations model and income uncertainty are analysed.