Income Risk, Saving and Taxation: Will Precautionary Saving Survive?

Arbeitspapier

Former theoretical and empirical studies find that precautionary savings are reduced inthe presence of social security systems. The saving motive, however, does not change:individuals respond to increasing income risk by increasing their savings. Although thisstill holds for common tax and transfer systems, we show that this is not a feature of alltax and transfers systems. In contrast to former studies, we focus on the impact of thevariability of future income (higher degree risk).

Angaben zum Objekt

• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Series: ifo Working Paper ; No. 125

Klassifikation und Themen

• Klassifikation: Wirtschaft ; Consumer Economics: Theory ; Personal Income, Wealth, and Their Distributions ; Micro-Based Behavioral Economics: Role and Effects of Psychological, Emotional, Social, and Cognitive Factors on Decision Making‡ ; Personal Income and Other Nonbusiness Taxes and Subsidies; includes inheritance and gift taxes ; Fiscal Policies and Behavior of Economic Agents: Household
• Thema: Income risk ; saving behavior ; social security ; unemployment benefit ; taxation ; Vorsorgesparen ; Einkommen ; Risiko ; Soziale Sicherung ; Steuersystem ; Sozialtransfer ; Theorie

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Arent, Stefan ; Eck, Alexander ; Kloss, Michael ; Krohmer, Oskar
• Ereignis: Veröffentlichung
• (wer): ifo Institute - Leibniz Institute for Economic Research at the University of Munich
• (wo): Munich
• (wann): 2012

Weitere Informationen

• Handle: http://hdl.handle.net/10419/73815
• Letzte Aktualisierung: 10.03.2025, 11:44 MEZ