  Policy Implications of Changing LongevityPestieau, Pierre  ; in CESifo Economic Studies (2013), 59(4), Detailed reference viewed: 1 (0 ULg)The Tax Treatment of Intergenerational Wealth TransfersPestieau, Pierre ; in CESifo Economic Studies (2011) This article surveys the theoretical literature on wealth transfer taxation. The focus is normative: we are looking at the design of an optimal tax structure from the standpoint of both equity and ... [more ▼] This article surveys the theoretical literature on wealth transfer taxation. The focus is normative: we are looking at the design of an optimal tax structure from the standpoint of both equity and efficiency. The gist of this survey is that the optimal design crucially depends on the assumed bequest motives. Alternative bequest motives are thus analyzed either in isolation or combined. [less ▲] Detailed reference viewed: 38 (2 ULg)Stochastic Fertility, Moral Hazard, and the Design of Pay-As-You-Go Pension PlansPestieau, Pierre ; in CESifo Economic Studies (2011), 57(2), 332348 This article models a two-period overlapping generations economy in the steady state where the realization of the quantity/quality number of children depends on an initial investment in children and on a ... [more ▼] This article models a two-period overlapping generations economy in the steady state where the realization of the quantity/quality number of children depends on an initial investment in children and on a random shock. It shows that the implementation of the first-best allocation, in which the effort level is publicly observable, requires a subsidy on the investment in children. There should also be full insurance with respect to second-period consumption and pensions must be invariant to the number of children. On the other hand, when investment is unobservable and one cannot subsidize it, the full insurance property goes away. In this case, pensions must be linked positively to the number of children. [less ▲] Detailed reference viewed: 18 (2 ULg)On the Convergence of Social Protection Performance in the European Union; Lefebvre, Mathieu ; Pestieau, Pierre in CESifo Economic Studies (2010), 56(2), 300-322 Detailed reference viewed: 15 (4 ULg) On the Convergence of Social Protection Performance in the European Union; ; Pestieau, Pierre in CESifo Economic Studies (2010) In this article, we use data on five social inclusion indicators (poverty, inequality, unemployment, education and health) to assess and compare the performance of 15 European welfare states (EU15) over a ... [more ▼] In this article, we use data on five social inclusion indicators (poverty, inequality, unemployment, education and health) to assess and compare the performance of 15 European welfare states (EU15) over a 12-year period from 1995 to 2006. Aggregate measures of performance are obtained using index number methods similar to those employed in the construction of the widely used Human Development Index. These are compared with alternative measures derived from data envelopment analysis methods. The influence of methodology choice and the assumptions made in scaling indicators upon the results obtained is illustrated and discussed. We then analyse the evolution of performance over time, finding evidence of some convergence in performance and no sign of social dumping. [less ▲] Detailed reference viewed: 14 (2 ULg) |
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