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. Moreover, it also lowers the realized lifetime utilities of those at the bottom of the lifetime utility distribution.
- Language
-
Englisch
- Bibliographic citation
-
Series: ETLA Discussion Papers ; No. 1062
- Classification
-
Wirtschaft
Social Security and Public Pensions
Retirement; Retirement Policies
Computable General Equilibrium Models
- Subject
-
Social security
Retirement
Means-testing
Computational mod
Soziale Sicherung
Alterssicherung
Lohn
Risiko
Wohlfahrtseffekt
Overlapping Generations
Wirtschaftsmodell
- Event
-
Geistige Schöpfung
- (who)
-
Määttänen, Niku
Poutvaara, Panu
- Event
-
Veröffentlichung
- (who)
-
The Research Institute of the Finnish Economy (ETLA)
- (where)
-
Helsinki
- (when)
-
2006
- Handle
- Last update
-
10.03.2025, 11:42 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
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
- The Research Institute of the Finnish Economy (ETLA)
Time of origin
- 2006
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