Quantifying the Laffer Curve on the Continued Activity Tax in a Dynastic Framework

It is argued that the tax on continued activity should be removed by implementing actuarially fair schemes. However, these schemes cannot fund the expected Social Security (SS) deficit. This article proposes to give individuals a fraction of the actuarially fair incentives in the case of postponed r...

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Bibliographic details
Volume:	49
Main Author:	Jean-Olivier Hairault François Langot Thepthida Sopraseuth
Format:	Journal Article
Language:	English
Zielgruppe:	Academic
Place of publication:	Malden, USA Blackwell Publishing on behalf of the Economics Department of the University of Pennsylvania and the Osaka University Institute of Social and Economic Research Association 01.08.2008 Blackwell Publishing Inc WILEY Wiley Subscription Services, Inc Wiley
published in:	International economic review (Philadelphia) Vol. 49; no. 3; pp. 755 - 797
Data of publication:	20080801
ISSN:	0020-6598 1468-2354
EISSN:	1468-2354
Discipline:	Economics
Bibliography:	The authors acknowledge financial support from the Commissariat Général au Plan. We benefited from fruitful discussions with L. Caussat, P. Y. Hénin, T. Japelli, M. Juillard, M. Pagano, P. Pestieau, B. Sédillot, E. Walraet, and T. Weitzenblum. We thank anonymous referees for helpful comments as well as seminar participants at the EEA Congress (Stockholm, 2003), ESEM (Madrid, 2004) the Society for Computational Economics meeting (Seattle, 2003), the CSEF (Naples, 2003), the SED meeting (Paris, 2003), the workshop on intergenerational transfers (Paris, 2003), the Association Française des Sciences Economiques (Paris, 2003), the Scientific Workshop of the Caisse des Dépôts et Consignations (Bordeaux, 2003), T2M (Orléans, 2004), Fourgeaud seminar (Paris, 2003), and Society of Labor Economics ‐ European Association of Labor Economics (San Francisco, 2005). Errors and omissions are ours. Please address correspondence to: Thepthida Sopraseuth, Department of Economics, EPEE ‐ Universitye d'Evry, 4, Bd Francois Mitterand, 91025 Evry Cedex, France. Phone: +33 1 69 47 70 46. E‐mail Manuscript received December 2004; revised May 2007. . tsoprase@univ‐evry.fr
Subjects:	Retirement age Employee pension plans Old age benefits Altruism Pension plans Contribution rates Unemployment Retirement Age Laffer curve Economics Business & Economics Social Sciences Economics and Finance Humanities and Social Sciences LIQUIDITY SOCIAL-SECURITY RETIREMENT BEHAVIOR TAXATION SAVINGS INSURANCE RISK ACCUMULATION WEALTH INEQUALITY actuarially-fair benefits retirement behavior and wealth
Online Access:	Fulltext
Database:	Social Sciences Citation Index Web of Science - Social Sciences Citation Index - 2008 Web of Knowledge Web of Science CrossRef Academic OneFile (A&I only) Hyper Article en Ligne (HAL) (Open Access) Hyper Article en Ligne (HAL) HAL-SHS: Archive ouverte en Sciences de l'Homme et de la Société HAL-SHS: Archive ouverte en Sciences de l'Homme et de la Société (Open Access) Database information Databases - DBIS