Skip navigation
Skip navigation

Trade-offs in Means Tested Pension Design

Tran, Chung; Woodland, Alan

Description

The means-testing of age pension programs allows governments to control the receipt of pension benefits (extensive margin) and the benefit level (intensive margin). We investigate how the presence of the extensive margin influences the trade-off between protecting the poorer elderly and the economic costs of distorting incentives to work and save of young individuals. The means-test effect via the extensive margin improves the insurance aspect but introduces opposing impacts on incentives that...[Show more]

CollectionsANU Research Publications
Date published: 2014
Type: Journal article
URI: http://hdl.handle.net/1885/36919
Source: Journal of Economic Dynamics and Control
DOI: 10.1016/j.jedc.2014.07.005

Download

File Description SizeFormat Image
01_Tran_Trade-offs_in_Means_Tested_2014.pdf1.15 MBAdobe PDF    Request a copy


Items in Open Research are protected by copyright, with all rights reserved, unless otherwise indicated.

Updated:  12 November 2018/ Responsible Officer:  University Librarian/ Page Contact:  Library Systems & Web Coordinator