Dynamic Social Insurance
Marek Kapička
Winter 2010



This course will studies issues in dynamic social insurance. We will first study Mirrleesean economies  where the underlying information structure is explicitly specified, and all tax instruments arise endogenously. We will discuss optimal capital and income taxation, optimal estate taxes and other applications.  We will also discuss other topics, such as long run properties of the efficient allocations, efficient allocations with persistent private information and the implications of hidden savings.

Lectures: Tuesday, Thursday 12:30-1:45pm, NH 2111.
Office hours: by appointment

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