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 …

This paper explores the qualitative and quantitative implications of taxation for growth and savings in three Latin …-run growth in these three countries, low saving rates do not seem to be a direct consequence of sub-optimal taxation. …

private retirement saving. In this paper, we present the first assessment of the optimality of the retirement resources of … level of living standards in both working life and retirement. We use a life-cycle model of consumption and saving to …