Beckmann, Klaus - In: FinanzArchiv: Public Finance Analysis 57 (2000) 1, pp. 63-63
This is a paper about the (wage) tax implicit in contributions to pay-as-you- go pension systems. I begin by addressing the implicit life-cycle tax rate. It is shown that a popular rule of thumb for "back of the envelope" computations of the proportion of pension contributions constituting a tax...