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strengthen ties between former earnings and pension benefits. Labour supply will be stimulated by lowering implicit tax rates and … by aligning the social and private costs of early retirement. Using a large dynamic microsimulation model we find that … the reform will stimulate labour supply and reduce the future tax burden, but also increase inequality in the benefits …
Persistent link: https://www.econbiz.de/10011968294
strengthen ties between former earnings and pension benefits. Labour supply will be stimulated by lowering implicit tax rates and … by aligning the social and private costs of early retirement. Using a large dynamic microsimulation model we find that … the reform will stimulate labour supply and reduce the future tax burden, but also increase inequality in the benefits …
Persistent link: https://www.econbiz.de/10004980920
There exists a wide variety of tax treatments of pensions across the world. And the reasons for such a range of regimes are not clear. This note reviews the general principles of pension taxes and analyses the theoretical foundations of why pension incomes ought to be taxed specifically. To do...
Persistent link: https://www.econbiz.de/10011455532
There exists a wide variety of tax treatments of pensions across the world. And the reasons for such a range of regimes are not clear. This note reviews the general principles of pension taxes and analyses the theoretical foundations of why pension incomes ought to be taxed specifically. To do...
Persistent link: https://www.econbiz.de/10011482705
wealth. This pattern is consistent across multiple retirement age thresholds and cohorts, including both individuals who have …
Persistent link: https://www.econbiz.de/10014486681
This paper investigates the fiscal pressure from demographic change in relation to the labour marketspace for fifty … started using their space in anticipation to higher demographic pressure is rejected. Raising the retirement age in developed … economies by five years alleviates the pressure by almost 30% and creates 10% more labour market space. …
Persistent link: https://www.econbiz.de/10011524903
fact that raising the retirement age is overdue in Belarus to address demographic challenges, it may have a negative impact … on the quality of life of people close to retirement age as well as a poorer GDP effect within current conditions on the …
Persistent link: https://www.econbiz.de/10011690961
We study retirement incentives with augmented option value model à la Stock and Wise (1990). We propose methodological … modelling of couples' incentives leads to very different patterns of retirement incentives - particularly for women. We apply … the new indicators to data from the Survey of Health, Ageing and retirement in Europe (SHARE) in Belgium and find two key …
Persistent link: https://www.econbiz.de/10011543602
This paper studies retirement and child support policies in a small, open, overlapping-generations economy with PAYG … social security and endogenous retirement and fertility decisions. It demonstrates that neither fertility nor retirement … the retirement age. Finally, the model is simulated in order to study whether the policies devoted to realizing the social …
Persistent link: https://www.econbiz.de/10012405524
We study the effects of public pension systems on the retirement timing of older workers and, in turn, the health … consequences of delaying retirement by those workers. Causal inference relies on a social security reform in Israel that shifted …
Persistent link: https://www.econbiz.de/10012222199