Showing 1 - 10 of 17
There exists a wide variety of tax treatments of pensions across the world. And the reasons for such a range of regimes are not clear. This note reviews the general principles of pension taxes and analyses the theoretical foundations of why pension incomes ought to be taxed specifically. To do...
Persistent link: https://www.econbiz.de/10011455532
market wage and a lower bargaining power within the family with respect to sons. Consequently, they provide more informal …. Transfers within the family should be distorted in both types of families. …
Persistent link: https://www.econbiz.de/10013343238
We study the role and design of private and public insurance programs when informal care is uncertain. Children's degree of altruism is randomly distributed over some interval. Social insurance helps parents who receive a low level of care, but it comes at the cost of crowding out informal care....
Persistent link: https://www.econbiz.de/10011596071
We study the design of public long-term care (LTC) insurance when the altruism of informal caregivers is uncertain. We consider non-linear policies where the LTC benefit depends on the level of informal care, which is assumed to be observable while children's altruism is not. The traditional...
Persistent link: https://www.econbiz.de/10011875932
concave redistribution may or may not be reversed. With couples only, the ranking of gender retirement ages is always reversed … singles only this implies distortions of retirement decision and restricts redistribution across genders. With couples, a … first best that implies a lower retirement age for females can be implemented by a gender-neutral system. Otherwise, gender …
Persistent link: https://www.econbiz.de/10012519107
We study exchanges between three overlapping generations with non-dynastic altruism. The middleaged choose informal care provided to their parents and education expenditures for their children. The young enjoy their education, while the old may leave a bequest to their children. Within each...
Persistent link: https://www.econbiz.de/10010370150
We show that once interfamily exchanges are considered, Becker's rotten kids mechanism has some remarkable implications that have gone hitherto unnoticed. Specifically, we establish that Cornes and Silva's (1999) result of efficiency in the contribution game amongst siblings extends to a setting...
Persistent link: https://www.econbiz.de/10010252667
is provided in LF. Second, the weights children and parents have in the family bargaining problem might differ in general …
Persistent link: https://www.econbiz.de/10011694832
A fat and a healthy good provide immediate gratification, and cause health costs or benefits in the long run, which are misperceived. Additionally, the fat good (healthy good) increases (decreases) health care costs by increasing (decreasing) the probability of suffering from a chronic disease...
Persistent link: https://www.econbiz.de/10011336980
This paper studies the determination of informal long-term care (family aid) to dependent elderly in a worst case … scenario concerning the "harmony" of family relations. Children are purely selfish, and neither side can make credible … that when family aid (and long-term care services in general) are introduced, the outcome is likely to be inefficient …
Persistent link: https://www.econbiz.de/10009792497