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We examine the incidence on household consumption of the introduction of tax incentives to retirement saving. First, using data from a panel of tax returns we document that most contributions to pension funds are by older/high-income individuals. Then we use panel data from a consumption survey...
Persistent link: https://www.econbiz.de/10014496074
This paper uses a Spanish panel of tax returns and another on household expenditure during the period 1985-1991 to examine the incidence of the introduction in 1988 of tax incentives to retirement savings on contributions to pension funds and on savings. We first identify the population cohorts...
Persistent link: https://www.econbiz.de/10012729756
In this paper we survey the features of different approaches available in the literature used to study the effects of the aging of the population on Social Security expenditures. We comment on the weaknesses and strengths of each of them, and perform a quantitative analysis by comparing the...
Persistent link: https://www.econbiz.de/10012733620
We examine the incidence on household consumption of the introduction of tax incentives to retirement saving. First, using data from a panel of tax returns we document that most contributions to pension funds are by older/high-income individuals. Then we use panel data from a consumption survey...
Persistent link: https://www.econbiz.de/10012179180
This paper uses a Spanish panel of tax returns and another on household expenditure during the period 1985-1991 to examine the incidence of the introduction in 1988 of tax incentives to retirement savings on contributions to pension funds and on savings. We first identify the population cohorts...
Persistent link: https://www.econbiz.de/10005022291
Spanish Abstract: El déficit del Sistema de la Seguridad Social español alcanzó un 1,5 % del PIB en 2015, que contrasta con el superávit observado antes de la crisis económica, del 2,2 % del PIB en 2007. Este deterioro se debe, sobre todo, a un incremento del gasto en pensiones...
Persistent link: https://www.econbiz.de/10012965102
This paper surveys the main issues in the debate about pensions. The first part of the paper contains some calculations … of the future evolution of the pension burden in Spain. The second part of the paper comments on the effects of policy … measures that could either control expenditures on pensions or finance it. The main conclusion of the paper is that the Spanish …
Persistent link: https://www.econbiz.de/10005685044
Persistent link: https://www.econbiz.de/10011696658
Persistent link: https://www.econbiz.de/10003774440
Persistent link: https://www.econbiz.de/10003847722