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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP6811 |
DP6811 Black Man?s Burden: Measured Philanthropy in the British Empire, 1880-1913 | |
Marc Flandreau; Frederic Zumer; Olivier Accominotti; Riad Rezzik | |
发表日期 | 2008-04-25 |
出版年 | 2008 |
语种 | 英语 |
摘要 | This paper shows that the combination of habit formation - present consumption creating additional consumption needs in the future - and myopia may explain why some retirees are forced to 'unretire', i.e., unexpectedly return to work. It also shows that when myopia about habit formation leads to unretirement there is a case for government's intervention. In a first-best setting the optimal solution can be decentralized by a simple 'Pigouvian' (paternalistic) consumption tax (along with suitable lump-sum taxes). In a second-best setting, when personalized lump-sum transfers are not available, consumption taxes may have conflicting paternalistic and redistributive effects. We study the design of consumption taxes in such a setting when myopic individuals differ in productivity. |
主题 | Public Economics |
关键词 | Habit formation Myopia Unretiring |
URL | https://cepr.org/publications/dp6811 |
来源智库 | Centre for Economic Policy Research (United Kingdom) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/535649 |
推荐引用方式 GB/T 7714 | Marc Flandreau,Frederic Zumer,Olivier Accominotti,et al. DP6811 Black Man?s Burden: Measured Philanthropy in the British Empire, 1880-1913. 2008. |
条目包含的文件 | 条目无相关文件。 |
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