Inequality and Social Insurance
Both modern and developing economies are characterized by inequality regarding earnings, wealth, consumption, employment and education. A large body of literature in economics focuses on the sources and socio-economic effects of these dimensions of heterogeneity. Other strand studies theoretically and quantitatively how social insurance policies (taxation, social transfers, social security, etc.) can alleviate the negative welfare consequences associated with inequality. Research at the EUI covers both the positive and normative dimensions of these issues.
- Endogenous Trading Constraints in Incomplete Asset Markets, Journal of Economic Theory, 2010, 145: 974-1004 (with Eva Carceles-Poveda).
- Comment on Altruism, Incomplete Markets, and Tax Reform. by Fuster, Imrohoroglu and Imrohoroglu, Journal of Monetary Economics, 2008, 55(1): 91:97.
- Earnings Inequality and Skill-biased Technological change with Endogenous Choice of Education, Journal of the European Economic Association, 2008, 6(2-3):695-704.
- The Efficient Allocation of Consumption under Moral Hazard and Hidden Access to the Credit Market, Journal of the European Economic Association, April-May 3(2-3): 370-381. (withNicola Pavoni)
- Unemployment Differentials in Hungary:The Role of Race and Human Capital., in Halpern and Wyplosz (eds.): Hungary: Towards a Market Economy, 1998, Cambridge University Press (with Gábor Kertesi) .
- Income Structure and Distribution of the Tax Burden, Acta Oeconomica, pp. 271-295 (with István János Tóth).
- “Optimal Tax Policy and Sorting in and out from the Informal Sector”, joint with Szabolcs Dobó (EUI).
- Limited Commitment and Hidden Storage, (with Sarolta Laczo), 2011.
- Optimal Income Taxation with Asset Accumulation, 2010, (with Nicola Pavoni and Sebastiam Koehne).
- Tax Reform with Endogenous Borrowing Limits and Incomplete Asset Markets. 2009, (with Eva Carceles-Poveda).
- Labor Suply, Endogenous Wage Dynamics and Tax Policy (joint with Jay Hong and Ricardo Santos). Long Abstract, work in progress.
- Optimal Unemployment Insurance, Layoff-Risk and Hidden Wealth: A Case for Unemployment Accounts System (with Nicola Pavoni), work in progress.