Should old-age benefits be earnings-tested?
By: by Niku Määttänen, Panu Poutvaara.
Contributors: Poutvaara, Panu.
Series: Discussion paper -- no. 2616; Discussion paper (Forschungsinstitut zur Zukunft der Arbeit : Online) -- no. 2616
Publisher: IZA
Published: 2007
Place of publication: Bonn, Germany
Language: eng
Format: Electronic resource
Subjects: Old age assistance.
Description: "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"--Forschungsinstitut zur Zukunft der Arbeit web site.
Notes: Title from PDF file as viewed on 4/25/2007.

Includes bibliographical references.

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