Income Tax and National Insurance are now sufficiently similar that merging them appears to be a plausible option, yet still sufficiently different that integration raises significant difficulties. This paper surveys the potential benefits of integration – increased transparency and reduced...

This paper computes the optimal progressivity of the income tax code in a dynamic general equilibrium model with household heterogeneity in which uninsurable labor productivity risk gives rise to a nontrivial income and wealth distribution. A progressive tax system serves as a partial substitute...

This paper reviews the German miners' model of mutual insurance from its introduction in 1854 to its basic reformation in 1923. Its core feature was the provision of cash benefits for compensation of income losses due to temporary sickness and permanent invalidity or death of the bread-winner....

Der vorliegende Task Force-Band beschäftigt sich mit drei aktuellen gesellschafts- und wirtschaftspolitischen Themen aus Ostasien: Arbeitsmarkt- und Beschäftigungspolitik in Japan vor dem Hintergrund einer alternden Gesellschaft; private Altersvorsorge in Singapur; und Sozialstandards in der...