Intertemporal Redistribution
Author: | Bc. Boril Šopov |
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Year: | 2007 - summer |
Leaders: | doc. PhDr. Martin Gregor Ph.D. |
Consultants: | Mgr. Michal Skořepa Ph.D |
Work type: | Bachelors |
Language: | English |
Pages: | 47 |
Awards and prizes: | B.A. with distinction from the Dean of the Faculty of Social Sciences for an extraordinarily good bachelors diploma thesis. |
Link: | |
Abstract: | This paper studies the incentives which are helping the social security system be sustained over time, while trying to answer the question, what politico-economic forces are behind such a massive redistribution. A positive model is built combining microeconomic foundations of individuals' preferences with public choice probabilistic voting concept. Such settings allow us to model preferences of young and old individuals to the level of intertemporal redistribution. Moreover, we can examine the influence of changes in longevity on the voting model outcome. We conclude that the increase in longevity increases the level of redistribution. |
Downloadable: | Bachelor Thesis of Boril Šopov |