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Simple Models of Income Redistribution

Authors: Simonovits, András

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  • Contains over two dozen transfer models to support intro- and intergenerational transfers
    Provides an up to date insight into understanding sophisticated pension models
    Addresses child benefits and fertility as they relate to pensions

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  • ISBN 978-3-319-72502-4
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Softcover $109.99
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  • ISBN 978-3-030-10214-2
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About this book

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.

About the authors

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.

Table of contents (16 chapters)

Table of contents (16 chapters)

Buy this book

eBook $84.99
price for USA in USD (gross)
  • ISBN 978-3-319-72502-4
  • Digitally watermarked, DRM-free
  • Included format: PDF
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover $149.99
price for USA in USD
  • ISBN 978-3-319-72501-7
  • Free shipping for individuals worldwide
  • Immediate ebook access, if available*, with your print order
  • Usually dispatched within 3 to 5 business days.
Softcover $109.99
price for USA in USD
  • ISBN 978-3-030-10214-2
  • Free shipping for individuals worldwide
  • Immediate ebook access, if available*, with your print order
  • Usually dispatched within 3 to 5 business days.
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Bibliographic Information

Bibliographic Information
Book Title
Simple Models of Income Redistribution
Authors
Copyright
2018
Publisher
Palgrave Macmillan
Copyright Holder
The Editor(s) (if applicable) and The Author(s)
eBook ISBN
978-3-319-72502-4
DOI
10.1007/978-3-319-72502-4
Hardcover ISBN
978-3-319-72501-7
Softcover ISBN
978-3-030-10214-2
Edition Number
1
Number of Pages
XVIII, 292
Topics

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