Egoumé-Bossogo, Philippe; Tuladhar, Anita - International Monetary Fund (IMF) - 2006
), particularly for the low-income and older individuals. Using simulations of tax and social benefits and public pensions, the paper … shows how the current tax, welfare, and pension systems create disincentives to work among these groups. The paper finds … that incentives to retire early are strong for men, especially low-wage earners. The marginal effective tax rates also make …