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The present paper studies the growth, welfare and efficiency consequences of the recent introduction of tax-favored retirement accounts in Germany in a general equilibrium overlapping generations model with idiosyncratic lifespan and labor income uncertainty. We focus on the implicit...
Persistent link: https://www.econbiz.de/10010264317
The present paper studies the growth, welfare and efficiency consequences of the recent introduction of tax-favored retirement accounts in Germany in a general equilibrium overlapping generations model with idiosyncratic lifespan and labor income uncertainty. We focus on the implicit...
Persistent link: https://www.econbiz.de/10011633491
expectancy, because it directly infuences the expected rate of return. We examine the market for private annuities in Germany and …
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Australia, are presented to support this argument.  …
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