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-cycle framework how individuals respond to recessions. Our focus is on the sharp increase in savings rates that have been observed in … times. We show that the rise in the aggregate savings ratio is driven by increases in uncertainty, rather than tightening of …
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of full deferral of income taxes on savings and full taxation of interest. Potential mobility of the old calls for lower … degrees of deferral and reduced taxation of interest. However, full immediate taxation of savings in combination with full tax …
Persistent link: https://www.econbiz.de/10011397729
This paper explores the qualitative and quantitative implications of taxation for growth and savings in three Latin …
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Much of the focus of the UK pensions policy debate over the past decade has been on the adequacy (or otherwise) of private retirement saving. In this paper, we present the first assessment of the optimality of the retirement resources of English couple households born in the 1940s. Here,...
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