Humankapital Einkommensunsicherheit Und Ffentliche Finanzpolitik
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Humankapital, Einkommensunsicherheit und öffentliche Finanzpolitik
English summary: Fabian Kindermann analyzes issues of public policy in a general equilibrium model with overlapping generations. The simulation model extends the current literature by allowing for formal education and on-the-job training in the household sector. Individuals make decisions under a set of uncertainties and market failures. In this setup, the author asks the following questions: Should the government provide tax funded college education, or should students be responsible for financing their education? What is the impact of pension reforms on individual human capital investment? What should an income tax system that balances gains from redistribution and distortions on labor supply and human capital formation look like? German description: Fabian Kindermann analysiert die Wirkungen offentlicher Finanzpolitik in allgemeinen Gleichgewichtsmodellen mit uberlappenden Generationen. Das von ihm verwendete Simulationsmodell erweitert die Literatur dahingehend, dass Haushalte ihr Humankapital sowohl uber formale Bildung als auch uber Weiterbildungsmassnahmen vermehren konnen. Individuelle Entscheidungen werden unter einer Reihe von Unsicherheiten und Marktunvollkommenheiten getroffen. In diesem Kontext werden folgende Fragestellungen untersucht: Sollte der Staat universitare Bildung aus Steuermitteln bereitstellen oder sollte die Bildungsfinanzierung den Studierenden obliegen? Welchen Einfluss haben Rentenreformen auf die individuelle Bildungsentscheidung? Und: Wie sollte ein Einkommensteuersystem ausgestaltet sein, das positive Umverteilungseffekte und negative Verzerrungseffekte bei Arbeitsangebot und Humankapitalbildung in Einklang bringt?
Migrants, Work, and the Welfare State
Author: Torben Tranæs
language: en
Publisher: University Press of Southern Denmark
Release Date: 2004
Reporting the results of a research project by the Institute for the Study of Labor in Germany and the Rockwool Foundation Research Unit in Denmark, contributors examine the effects of immigration to those two countries on both the immigrants and the societies they that migrated to. They consider demographic trends, educational and labor market factors, and immigrants' use of the social services. They also look at crime, salaries and employment of the host population, and the financial sustainability of the welfare state. Distributed in the US by ISBS. Annotation : 2004 Book News, Inc., Portland, OR (booknews.com).
Generational Policy
How generational policy affects the sustainability of a government's fiscal policy. In these eight 2002 Cairoli Lectures, presented at the Universidad Torcuato di Tella in Buenos Aires, Argentina, Laurence Kotlikoff shows how generational policy works, how it is measured, and how much it matters. Kotlikoff discusses the incidence and measurement of generational policy, the relationship of generational policy to monetary policy, and the vacuity of deficits, taxes, and transfer payments as economic measures of fiscal policy. Kotlikoff also illustrates generational policy's general equilibrium effects with a dynamic life-cycle simulation model and reviews the empirical evidence testing intergenerational altruism and risk sharing. The lectures were delivered as Argentina faced a devastating depression triggered, in large part, by unsustainable generational policy. Throughout the book, Kotlikoff connects his messages about generational policy to the Argentine situation and the Argentine government's policy mistakes.