In this book Peter Diamond analyzes social security as a particular example of optimal taxation theory. Assuming a world of incomplete markets and asymmetric information, he uses a variety of simple models to illuminate the economic forces that bear on specific social security policy issues. The...

This thesis is concerned with a possible answer to the question of why we should care about inequality: children. A child can no less choose its parents than it can choose its gender or ethnicity. One cannot fault a child for their choice of school, lack of resources or absence of role models....

"This timely book evaluates international human capital policies, offering a comparative perspective on global efforts to generate new ideas and novel ways of thinking about human capital. Examining educational reforms, quality of education and links between education and socio-economic...

The three largest items on the list of public expenditures in Denmark (and many other countries)are retirement, health, and education. These are also the topics ofi nterest in the three Chapters of this dissertation. While the chapters are quite different from each other, they share three...