Optimal taxation, prudence and risk-sharing

Article Abstract:

The trade off between the incentives effect of uncertainty and the welfare benefit of social insurance in the design of optimal tax schedules is discussed. It also shows, how the optimal amount of social insurance, depends on the strength of the precautionary motives related to risk aversion.

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Optimal taxation, prudence and risk-sharing

Article Abstract:

The trade off between the incentives effect of uncertainty and the welfare benefit of social insurance in the design of optimal tax schedules is discussed. It also shows, how the optimal amount of social insurance, depends on the strength of the precautionary motives related to risk aversion.

Risk (Economics), Taxation

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Positive arithmetic of the welfare state

Article Abstract:

The homogeneity of retirees as a voting group and unflinching support from the low-income youth has been the secret of the popularity of the social security program.

Management dynamics, Income Distribution, Management, Company business management, Income maintenance programs

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