Should old-age benefits be earnings-tested?

Niku Määttänen; Panu Poutvaara

We study the welfare effects of earnings testing flat-rate old-age benefits in a quantitative overlapping generations model with idiosyncratic labor income risk. In our model economy, even a moderate earnings testing reduces individuals' expected lifetime utility, whenever other taxes are taken into account. Moreover, it also lowers the realized lifetime utilities of those at the bottom of the lifetime utility distribution.

MoreLess

Year of publication:	Febr. 2007
Other Persons:	Määttänen, Niku (contributor) ; Poutvaara, Panu (contributor)
Subject:	Soziale Sicherheit \| Social security \| Altersvorsorge \| Retirement provision \| Lohn \| Wages \| Risiko \| Risk \| Wohlfahrtsanalyse \| Welfare analysis \| Overlapping Generations \| Overlapping generations \| Theorie \| Theory

freely available

Full text |

More access options

ftp.iza.org

Check Google Scholar

In libraries world-wide (WorldCat)

In German libraries (KVK)

I need help

Extent:	Online-Ressource, 29 S. = 292 KB, Text graph. Darst.
Series:	Discussion paper series / IZA. - Bonn : IZA, ZDB-ID 2120053-1. - Vol. 2616
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Arbeitspapier ; Working Paper ; Graue Literatur ; Non-commercial literature
Language:	English
Notes:	pdf Differences between the printed and electronic version are possible Systemvoraussetzungen: Acrobat Reader
Other identifiers:	hdl:10419/33805 [Handle]
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10003514448