G2TT
来源类型Discussion paper
规范类型论文
来源IDDP6811
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
URLhttps://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.
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