TAILIEUCHUNG - Lecture Public finance (10/e): Chapter 11 - Harvey S. Rosen, Ted Gayer

Chapter 11 - Social security. The main contents of the chapter consist of the following: Why have social security? other justifications, explicit transfers, benefits, benefit structure, adjustments, financing, distributional issues, other distributional issues,. | SOCIAL SECURITY Chapter 11 Social Security Expenditures (1939-2011) Source: Social Security Trustees [2012]. 11- Why Have Social Security? Consumption Smoothing and the Annuity Market How Social Security works Annuity Consumption smoothing Adverse Selection and the Annuity Market Asymmetric information Adverse selection 11- Other Justifications Lack of foresight and paternalism Moral hazard Economize on decision-making and administrative costs Income Redistribution Improve the Economic Status of the Aged 11- Fully Funded Plan Period 1 Period 2 Period 3 Period 4 contribute benefits contribute benefits contribute benefits The Greatest Generation The Baby Boom Generation Generation X Work Retire Dead Unborn Work Work Retire Still Dead Dead Childhood Childhood Retire 11- Each generation’s benefits based on deposits it made during working life plus accumulated interest Period 1 Period 2 Period 3 Period 4 The Greatest Generation The Baby Boom Generation .

• Tài chính doanh nghiệp
• Public finance
• Lecture Public finance
• Public expenditure
• Social security
• Benefit structure
• Savings behavior
• Public Economics
• Federal system
• Fiscal federalism
• Public good
• Public spending
• Public education
• Tiebout model
• Public sector economics
• Federal government
• The corporation tax
• Tax equity
• Public goods
• Public services
• Inflation taxation
• Education Increase Earnings
• Public education improves quality
• Interpreting deficit
• Burden of the debt
• Neoclassical model
• Political economy
• Median voter model
• Special interest
• Public economy
• Legal framework
• Local governments
• Market mechanism
• Coase Theorem
• Public Responses
• Public employees
• Representative democracy
• Tools of positive analysis
• Positive analysis
• Empirical work
• Normative analysis
• Tools of normative analysis
• Welfare economics
• Nature of externalities
• Graphical analysis
• Cost benefit analysis
• Internal rate
• Benefit cost ratio
• Health care market
• Social insurance
• Risk pooling
• Moral hazard
• Market for health care
• Private health insurance
• Health insurance
• Income redistribution
• Distributional dataissues
• Income inequality
• Expenditure programs
• Expenditure programs for the poor
• Work incentives
• Income distribution
• Tax incidence
• Partial equilibrium models
• Tax on consumption bundle
• Excess burden
• Demand curves
• Equitable taxation
• Optimal commodity taxation
• The ramsey rule
• Personal income tax
• Haig simons income
• Capital gains
• Personal taxation
• Human capital accumulation
• Labor supply