Is there a social security tax wedge? : Presented at CESifo Area Conference on Public Sector Economics, April 2006

Alessandro Cigno

A Beveridgean pension scheme invariably reduces the marginal return to labour, and will thus discourage labour. A Bismarckian scheme can do so only if it is not actuarially fair, or in the presence of credit rationing. In any case, the same pension contribution will discourage labour less if the scheme is Bismarckian than if it is Beveridgean. A Bismarckian scheme may even encourage labour.

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Year of publication:	2006
Authors:	Cigno, Alessandro
Publisher:	Munich : Univ., Center for Economic Studies [u.a.]
Subject:	Theorie \| Theory \| Sozialversicherungsbeitrag \| Social security contribution \| William Henry Beveridge \| Otto von Bismarck \| Rentenversicherung \| Steuer \| Rentenversicherungsbeitrag

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Extent:	8 S
Series:	CESifo working papers : the international platform of Ludwig-Maximilians University's Center for Economic Studies and the Ifo Institute. - Munich : CESifo, ISSN 1617-9595, ZDB-ID 2023380-2. - Vol. 1772
Type of publication:	Book / Working Paper
Language:	English
Notes:	Literaturverz. S. 7 - 8 Internetausg.: http://www.cesifo-group.de/~DocCIDL/cesifo1_wp1772.pdf
Source:	ECONIS - Online Catalogue of the ZBW

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