There exists a wide variety of tax treatments of pensions across the world. And the reasons for such a range of regimes …

There exists a wide variety of tax treatments of pensions across the world. And the reasons for such a range of regimes …

general) income tax. It considers a second-best setting with two unobservable individual characteristics: ability, measured by … the wage rate, and risk, measured by the probability of incurring a loss. It shows that both tax progressivity and the …