03226nam 2200757 a 450 991045096140332120200520144314.00-262-27168-01-4237-2959-59780262042130(CKB)1000000000442892(SSID)ssj0000255735(PQKBManifestationID)12097939(PQKBTitleCode)TC0000255735(PQKBWorkID)10217686(PQKB)10596588(MiAaPQ)EBC3339163(OCoLC)62065792(OCoLC)764546408(OCoLC)847450595(OCoLC)939263778(OCoLC)961498935(OCoLC)962568399(OCoLC)972636593(OCoLC)1058004869(OCoLC-P)62065792(MaCbMITP)6659(Au-PeEL)EBL3339163(CaPaEBR)ebr10424678(OCoLC)939263778(EXLCZ)99100000000044289220020522d2003 uy 0engurcn|||||||||txtccrTaxation, incomplete markets, and social security[electronic resource] the 2000 Munich lectures /Peter A. DiamondCambridge, Mass. MIT Pressc2003xviii, 160 pMunich lectures in economics"CES."0-262-04213-4 Includes bibliographical references (p. [149]-156) and indexes.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.Munich lectures in economics.Welfare economicsWelfare stateTaxationCapitalismSocial securityFinanceTaxationGermanyCapitalismGermanySocial securityGermanyFinanceElectronic books.Welfare economics.Welfare state.Taxation.Capitalism.Social securityFinance.TaxationCapitalismSocial securityFinance.330.12/6Diamond Peter A140552Universität München.Institut für Wirtschaftsforschung.MiAaPQMiAaPQMiAaPQBOOK9910450961403321Taxation, incomplete markets, and social security740303UNINA