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retirement along with the implications for saving. Importantly, the model incorporates a government budget constraint involving a … pay-as-you-go universal pension. In addition, the model allows for a compulsory private retirement savings scheme …
Persistent link: https://www.econbiz.de/10012115681
retirement along with the implications for saving. Importantly, the model incorporates a government budget constraint involving a … pay-as-you-go universal pension. In addition, the model allows for a compulsory private retirement savings scheme …
Persistent link: https://www.econbiz.de/10013028955
retirement along with the implications for saving. Importantly, the model incorporates a government budget constraint involving a … pay-as-you-go universal pension. In addition, the model allows for a compulsory private retirement savings scheme …
Persistent link: https://www.econbiz.de/10010992356
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It is important for the design of tax policy to be able to measure reliably the income elasticity of tax revenue. This gives the extent to which tax revenues change as a result of a change in earnings. Analytical expressions for income tax revenue elasticities treat earnings as exogenous, so...
Persistent link: https://www.econbiz.de/10012115509