Assuming a two-period model with endogenous choices of labour, education, and saving, it is shown to be second …

A Beveridgean pension scheme invariably reduces the marginal return to labour, and will thus discourage labour. A … pension contribution will discourage labour less if the scheme is Bismarckian than if it is Beveridgean. A Bismarckian scheme … may even encourage labour. …

The purpose of this paper is threefold. First, we survey the way in which the tax burden on labour has been proxied for … extent the conclusions of some studies change if some alternative indicator for the tax burden on labour is employed. We … indicator for the tax burden on labour is also shown to affect the conclusions of some well-known empirical models. …

Assuming a two-period model with endogenous choices of labour, education, and saving, it is shown to be second …-best efficient to deviate from Ramsey’s Rule and to distort qualified labour less than nonqualified labour. The result holds for …