Is there a social security tax wedge?
Article
2008
15
1
February
68-77
labour economics ; pension scheme ; tax
Social protection - Old age benefits
English
Bibliogr.
"A Beveridgean pension scheme discourages labour, and is bad for effciency. A Bismarckian one may encourage labour, and be good for effciency. In any case, the same contribution level will discourage labour and reduce effciency less if the scheme is Bismarckian, than if it is Beveridgean."
Paper
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