A means tested minimum income for old age creates in incentive for some not to save for old age and instead to free ride. Recent literature is undecided to what extent this inefficient savings distortion should be even worse. In a simple optimal taxation framework we show that it is Pareto...

A means tested minimum income for old age creates an incentive for some not to save for old age and instead to free ride. Recent literature is undecided to what extent this inefficient savings distortion should be addressed by a compulsory pension system because resulting labour-leisure...

A means tested minimum income for old age creates an incentive for some not to save for old age and instead to free ride. Recent literature is undecided to what extent this inefficient savings distortion should be addressed by a compulsory pension system because resulting labour-leisure...

The case for taxing financial transactions merely to raise more revenues from the financial sector is not particularly strong. Better alternatives to tax the financial sector are likely to be available. However, a tax on financial transactions could be justified in order to limit socially...

The case for taxing financial transactions merely to raise more revenues from the financial sector is not particularly strong. Better alternatives to tax the financial sector are likely to be available. However, a tax on financial transactions could be justified in order to limit socially...

Kinderlosigkeit hat zwei unmittelbare Auswirkungen auf das Rentensystem. Erstens stehen dadurch in der nächsten Generation weniger Beitragszahler zur Verfügung. Zweitens zahlen Kinderlose ihrerseits typischerweise mehr Rentenbeiträge. Denn insbesondere Frauen ohne Kinder haben ein meist...