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Michael C. LaBelle

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Edited by Trudie Knijn and Dorota Lepianka

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Nicholas Khoo

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Christopher Ball, John Creedy and Grant Scobie

The provision of long-term policy advice requires projections of government debt. Models have been widely produced to generate expenditures and tax revenues on the assumption that various age-specific rates and fiscal policy variables remain unchanged. As a result of population ageing, current policy settings in many countries lead to unsustainable levels of public debt. The present book is motivated by two limitations of the standard models. First, they seldom contain feedback effects arising from endogenous responses on the part of individuals and policy-makers. Second, the models seldom make an allowance for uncertainty, which creates the problem of whether, in the face of anticipated debt increases, tax rates should be increased earlier rather than delaying, and if so by how much? This book presents new modelling approaches to allow for feedbacks and uncertainty, and to analyse optimal policy. The modelling innovations can be applied to any country, but for illustrative purposes they are calibrated to examine the case of New Zealand.

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Nicholas Khoo

This chapter summarizes the main argument of the book. An outline of the chapters is also provided.

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Justice and Vulnerability in Europe

An Interdisciplinary Approach

Edited by Trudie Knijn and Dorota Lepianka

Justice and Vulnerability in Europe contributes to the understanding of justice in Europe from both a theoretical and empirical perspective. It shows that Europe is falling short of its ideals and justice-related ambitions by repeatedly failing its most vulnerable populations.
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Michael C. LaBelle

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Edited by Trudie Knijn and Dorota Lepianka

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Peter Edlund

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Michael C. LaBelle