impact of survival on the return of their savings. We also claim that because of its non-monetary form, effort is not … of annuitized savings is desirable for both types. This tax is higher for the low-survival individual. Under asymmetric …

impatience are found to be significant predictors of health-related field behavior, saving decisions and conduct at school. In … preferences ; health status ; savings ; conduct at school ; external validity …

We show how optimal saving in a two-period model is affected when prudence and risk aversion of the underlying utility … function change. Increasing prudence alone will induce higher savings only if, for certain combinations of the interest rate … aversion that affect the distribution between the periods must also be taken into account. -- Prudence ; risk aversion ; saving …

Assuming a two-period model with endogenous choices of labour, education, and saving, it is shown to be second … arbitrary utility and learning functions. Efficient incentives for education and saving are analysed under conditions of second … and third best. It is argued that efficient tax policy should care more about incentives for education than for saving …

This paper analyzes optimal linear taxes on labor income and savings in a standard two-period life-cycle model with … taxes reduce labor supply distortions on second-period labor supply, since second-period labor supply and saving are …, although this effect is partially off-set because first-period labor supply and saving are complements. Capital taxes will be …