Arbeitspapier
Should old-age benefits be earnings-tested?
We study the welfare effects of earnings testing flat-rate old-age benefits in a quantitative overlapping generations model with idiosyncratic labor income risk. In our model economy, even a moderate earnings testing reduces individuals' expected lifetime utility, whenever other taxes are taken into account. Moreover, it also lowers the realized lifetime utilities of those at the bottom of the lifetime utility distribution.
- Language
-
Englisch
- Bibliographic citation
-
Series: IZA Discussion Papers ; No. 2616
- Classification
-
Wirtschaft
- Subject
-
Soziale Sicherung
Alterssicherung
Lohn
Risiko
Wohlfahrtseffekt
Overlapping Generations
Wohlfahrtseffekt
Theorie
- Event
-
Geistige Schöpfung
- (who)
-
Määttänen, Niku
Poutvaara, Panu
- Event
-
Veröffentlichung
- (who)
-
Institute for the Study of Labor (IZA)
- (where)
-
Bonn
- (when)
-
2007
- Handle
- URN
-
urn:nbn:de:101:1-2008042257
- Last update
-
10.03.2025, 11:44 AM CET
Data provider
This object is provided by:
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ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Määttänen, Niku
- Poutvaara, Panu
- Institute for the Study of Labor (IZA)
Time of origin
- 2007
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