Taxation, Incomplete Markets, and Social Security The 2000 Munich Lectures
| Author/creator | Diamond, Peter A. Author |
| Format | Electronic |
| Publication Info | Cambridge : MIT Press |
| Description | 216 p. 08.000 x 05.375 in. |
| Supplemental Content | Full text available from MIT Press Direct to Open Backfile HSS Monographs |
| Supplemental Content | Full text available from Ebook Central - Academic Complete |
| Subjects |
| Series | Munich Lectures in Economics |
| Summary | Annotation <p>In this book, Peter Diamond analyzes social security as a particular example of optimal taxation theory. Assuming a world of incomplete markets and asymmetric information, he uses a variety of simple models to illuminate the economic forces that bear on specific social security policy issues. The focus is on the degree of progressivity desirable in social security and the design of incentives to delay retirement beyond the earliest age of eligibility for benefits. Before analyzing these models, Diamond presents introductions to optimal income tax theory and the theory of incomplete markets. He incorporates recent theoretical developments such as time-inconsistent preferences into his analyses and shows that distorting taxes and a measure of progressivity in benefits are desirable. Diamond also discusses social security reform, with a focus on Germany.</p> |
| Access restriction | Available only to authorized users. |
| Technical details | Mode of access: World Wide Web |
| Genre/form | Electronic books. |
| LCCN | 2002071769 |
| ISBN | 9780262042130 |
| ISBN | 0262042134 (Trade Cloth) Active Record |
| Standard identifier# | 9780262042130 |
| Stock number | 00015994 |