TY  - GEN
N2  - 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.
AB  - 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.
T1  - Taxation, incomplete markets, and social security :the 2000 Munich lectures /
DA  - ©2003.
CY  - Cambridge, Mass. :
AU  - Diamond, Peter A.
CN  - HB846
PB  - MIT Press,
PP  - Cambridge, Mass. :
PY  - ©2003.
N1  - "CES."
ID  - 1385919
KW  - Welfare economics.
KW  - Welfare state.
KW  - Taxation.
KW  - Capitalism.
KW  - Social security
KW  - Taxation
KW  - Capitalism
KW  - Social security
KW  - ECONOMICS/Finance
KW  - ECONOMICS/Macroeconomics
KW  - ECONOMICS/Political Economy
SN  - 9780262271684
SN  - 0262271680
SN  - 9780262042130
SN  - 0262042134
TI  - Taxation, incomplete markets, and social security :the 2000 Munich lectures /
LK  - https://univsouthin.idm.oclc.org/login?url=https://doi.org/10.7551/mitpress/6659.001.0001?locatt=mode:legacy
LK  - http://www.oclc.org/content/dam/oclc/forms/terms/vbrl-201703.pdf
UR  - https://univsouthin.idm.oclc.org/login?url=https://doi.org/10.7551/mitpress/6659.001.0001?locatt=mode:legacy
UR  - http://www.oclc.org/content/dam/oclc/forms/terms/vbrl-201703.pdf
ER  -