{"title":"Nicholas Barr","description":null,"products":[{"product_id":"economics-of-the-welfare-state-book-nicholas-barr-9780198748588","title":"The Economics of the Welfare State","description":"The sixth edition of this successful textbook discusses elements of the welfare system, including cash benefits, the health service and education. The text argues that the welfare state does not exist just to help the underprivileged, but also offers efficiencies in areas where the private markets would be inefficient or would not exist at all.  Suitable for both economics students and students on related disciplines, this book places the content within a theoretical framework, and uses learning features to engage students with the discussion. Each chapter is concluded with a summary of the key points and an appendix, which provides a non-technical summary for students with no previous exposure to economics. Worked examples from around the world facilitate the comparison of global welfare issues, while diagrams allow readers to visualize concepts.   The author ends each chapter with 'questions for further discussion' which could be prepared to structure seminars or to independently test understanding, while an annotated list of further reading suggestions guides additional research.   This book is accompanied by the following online resources. For students: - Web links - Further reading  For lecturers: - PowerPoint slides","brand":"WoB","offers":[{"title":"GB \/ VERY_GOOD \/ INTERNAL","offer_id":49549290635537,"sku":"GOR012682877","price":0.0,"currency_code":"GBP","in_stock":true},{"title":"GB \/ NEW \/ GARDNERS","offer_id":49733977276689,"sku":"NGR9780198748588","price":0.0,"currency_code":"GBP","in_stock":true},{"title":"GB \/ LIKE_NEW \/ INTERNAL","offer_id":50896096461073,"sku":"GOR011534958","price":0.0,"currency_code":"GBP","in_stock":false},{"title":"US \/ GOOD \/ SBYB","offer_id":51694641774865,"sku":"CIN0198748582G","price":0.0,"currency_code":"GBP","in_stock":false},{"title":"US \/ VERY_GOOD \/ SBYB","offer_id":53106511380753,"sku":"CIN0198748582VG","price":0.0,"currency_code":"GBP","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/0198748582.jpg?v=1776938966"},{"product_id":"pension-reform-book-nicholas-barr-9780195387728","title":"Pension Reform","description":"This is an abridgement of Barr and Diamond's 'Reforming Pensions: Principles and Policy Choices' (OUP, 2008), a larger book that is intended for policy makers and as a supplement in college courses.   The problem. Mandatory pension systems are a worldwide phenomenon. However, with given contribution rates, monthly benefits and retirement ages, pension systems are not consistent with three long-run trends - declining mortality, declining fertility, and earlier retirement. Thus many systems need reform.   Principles. This book gives an extensive but nontechnical explanation of the economics of pension design. The theoretical arguments have three elements.  1. Pension systems have multiple objectives - consumption smoothing, insurance, poverty relief, and redistribution. Good policy needs to bear them all in mind.   2. Good analysis should be framed in a second-best context - simple economic models are a bad guide to policy design in a world with imperfect information and decision-making, incomplete markets and taxation.   3. Any choice of pension system has distributional consequences, which the book recognizes explicitly.   The analysis includes discussion of labor markets, capital markets, risk sharing and gender and family, with comparison of PAYG and funded systems, recognizing that the suitable level of funding differs by country.   Alongside the economic principles of good design, policy must also take account of a country's capacity to implement the system. Thus the theoretical analysis is complemented by discussion of implementation, and of experiences, both good and bad, in many countries, with particular attention to China and Chile.    Policy conclusions:   1. Sound application of the principles outlined above can and does lead to widely different systems in different country settings.  2. Unless there are transfers from outside the system, any improvement to the finances of a pension system must involve one or more of (a) higher contribution rates, (b) lower monthly pensions, (c) later retirement at the same monthly pension, (d) policies designed to increase national output.   3.The previous statement holds whatever the degree of funding. If a public pension is regarded as unsustainable the problem needs to be addressed directly by one of these methods.","brand":"WoB","offers":[{"title":"GB \/ GOOD \/ INTERNAL","offer_id":49657950863633,"sku":"GOR013692505","price":0.0,"currency_code":"GBP","in_stock":false},{"title":"US \/ GOOD \/ SBYB","offer_id":50058842177809,"sku":"CIN0195387724G","price":0.0,"currency_code":"GBP","in_stock":false},{"title":"US \/ NEW \/ INGRAM","offer_id":50999854137617,"sku":"NIN9780195387728","price":0.0,"currency_code":"GBP","in_stock":false},{"title":"GB \/ NEW \/ INGRAM","offer_id":52480941031697,"sku":"NLS9780195387728","price":0.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/0195387724.jpg?v=1776940258"},{"product_id":"reforming-pensions-book-nicholas-barr-9780195311303","title":"Reforming Pensions","description":"Mandatory pensions are a worldwide phenomenon. However, with fixed contribution rates, monthly benefits, and retirement ages, pension systems are not consistent with three long-run trends: declining mortality, declining fertility, and earlier retirement. Many systems need reform. This book gives an extensive nontechnical explanation of the economics of pension design. The theoretical arguments have three elements:\n \n * Pension systems have multiple objectives--consumption smoothing, insurance, poverty relief, and redistribution. Good policy needs to bear them all in mind.\n \n * Good analysis should be framed in a second-best context-- simple economic models are a bad guide to policy design in a world with imperfect information and decision-making, incomplete markets and taxation.\n \n * Any choice of pension system has risk-sharing and distributional consequences, which the book recognizes explicitly.\n \n Barr and Diamond's analysis includes labor markets, capital markets, risk sharing, and gender and family, with comparison of PAYG and funded systems, recognizing that the suitable level of funding differs by country.\n \n Alongside the economic principles of good design, policy must also take account of a country's capacity to implement the system. Thus the theoretical analysis is complemented by discussion of implementation, and of experiences, both good and bad, in many countries, with particular attention to Chile and China.","brand":"WoB","offers":[{"title":"GB \/ VERY_GOOD \/ INTERNAL","offer_id":49661805494545,"sku":"GOR008083912","price":0.0,"currency_code":"GBP","in_stock":true},{"title":"GB \/ NEW \/ INGRAM","offer_id":52128598786321,"sku":"NLS9780195311303","price":0.0,"currency_code":"GBP","in_stock":true},{"title":"GB \/ GOOD \/ INTERNAL","offer_id":53438297964817,"sku":"GOR014920465","price":0.0,"currency_code":"GBP","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/0195311302.jpg?v=1751227475"},{"product_id":"economics-of-the-welfare-state-book-nicholas-barr-9780199297818","title":"Economics of the Welfare State","description":"The fifth edition of this successful textbook discusses the different parts of the welfare system, in particular, cash benefits, health care and education. The text argues that the welfare state does not exist only to help the underprivileged, but also for reasons of efficiency, in areas where private markets would be inefficient or would not exist at all.  Suitable for economics students and for students on related disciplines such as social policy and political economy, this book is accessible and contains a non-technical appendix to each of the theory chapters, diagrams, additional readings, worked examples and end of chapter discussions.  Online Resource Centre  For students: - Web links - Further reading - Links to related Oxford Scholarship Online titles  For lecturers: - PowerPoint slides - these have been expanded for the fifth edition","brand":"WoB","offers":[{"title":"GB \/ VERY_GOOD \/ INTERNAL","offer_id":50023702495505,"sku":"GOR005905908","price":0.0,"currency_code":"GBP","in_stock":false},{"title":"GB \/ WELL_READ \/ INTERNAL","offer_id":50119013531921,"sku":"GOR008633194","price":0.0,"currency_code":"GBP","in_stock":false},{"title":"US \/ GOOD \/ SBYB","offer_id":50205626761489,"sku":"CIN0199297819G","price":0.0,"currency_code":"GBP","in_stock":false},{"title":"GB \/ GOOD \/ INTERNAL","offer_id":52518891225361,"sku":"GOR008225773","price":0.0,"currency_code":"GBP","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/0199297819.jpg?v=1750694673"},{"product_id":"welfare-state-as-piggy-bank-book-nicholas-barr-9780199246595","title":"The Welfare State as Piggy Bank","description":"Barr contends that the welfare state exists for reasons besides poverty relief, reasons arising out of pervasive problems of imperfect information, risk and uncertainty. As a result, he argues, the welfare state is here to stay, since 21st century developments don't address these additional reasons.","brand":"WoB","offers":[{"title":"US \/ NEW \/ INGRAM","offer_id":51179328241937,"sku":"NIN9780199246595","price":0.0,"currency_code":"GBP","in_stock":false},{"title":"GB \/ VERY_GOOD \/ INTERNAL","offer_id":51427894690065,"sku":"GOR005146843","price":0.0,"currency_code":"GBP","in_stock":false},{"title":"GB \/ NEW \/ INGRAM","offer_id":52137303703825,"sku":"NLS9780199246595","price":0.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/0199246599.jpg?v=1750843844"},{"product_id":"financing-higher-education-book-nicholas-barr-9780415346207","title":"Financing Higher Education","description":"This book tells the story of the UK higher education debate, illustrating a head-on collision between the economic imperatives of student loans and regulated market forces, and the political imperative of 'free' higher education.","brand":"WoB","offers":[{"title":"- \/ - \/ INTERNAL","offer_id":52407693836561,"sku":null,"price":0.0,"currency_code":"GBP","in_stock":true},{"title":"GB \/ NEW \/ INGRAM","offer_id":52407694491921,"sku":"NLS9780415346207","price":0.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/9780415346207.jpg?v=1758772768"},{"product_id":"financing-higher-education-book-nicholas-barr-9780415348577","title":"Financing Higher Education","description":"This book tells the story of the UK higher education debate, illustrating a head-on collision between the economic imperatives of student loans and regulated market forces, and the political imperative of 'free' higher education.","brand":"WoB","offers":[{"title":"GB \/ NEW \/ INGRAM","offer_id":52521704456465,"sku":"NLS9780415348577","price":0.0,"currency_code":"GBP","in_stock":true},{"title":"GB \/ VERY_GOOD \/ INTERNAL","offer_id":53449693036817,"sku":"GOR004631325","price":0.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/9780415348577.jpg?v=1760572175"}],"url":"https:\/\/www.worldofbooks.com\/en-gb\/collections\/author-books-by-nicholas-barr.oembed","provider":"World of Books ","version":"1.0","type":"link"}