EconStor >
ifo Institut – Leibniz-Institut für Wirtschaftsforschung an der Universität München >
CESifo Working Papers, CESifo Group Munich >

Please use this identifier to cite or link to this item:

http://hdl.handle.net/10419/61050
  

Full metadata record

DC FieldValueLanguage
dc.contributor.authorBrunner, Johann K.en_US
dc.date.accessioned2012-08-07en_US
dc.date.accessioned2012-08-20T10:37:55Z-
dc.date.available2012-08-20T10:37:55Z-
dc.date.issued2012en_US
dc.identifier.urihttp://hdl.handle.net/10419/61050-
dc.description.abstractI study a model of a representative individual who has a motive for leaving bequests and is at risk of needing long-term care in old age. I assume - as is typical for OECD countries - that the individual is not fully insured against this risk. Moreover, at realization the individual is unable to adapt labor supply or consumption; then expenditures for long-term care result in a one-to-one reduction of the estate. In this situation a tax on bequests provides insurance and its introduction causes a smaller deadweight loss than an income or consumption tax. I also characterize the optimal tax and transfer system in this model.en_US
dc.language.isoengen_US
dc.publisherCESifo Münchenen_US
dc.relation.ispartofseriesCESifo Working Paper: Public Finance 3901en_US
dc.subject.jelH21en_US
dc.subject.jelH24en_US
dc.subject.jelI13en_US
dc.subject.ddc330en_US
dc.subject.keywordestate taxen_US
dc.subject.keywordlong-term care insuranceen_US
dc.subject.stwErbschaftsteueren_US
dc.subject.stwOptimale Besteuerungen_US
dc.subject.stwPflegeversicherungen_US
dc.subject.stwErbeen_US
dc.subject.stwTheorieen_US
dc.titleThe bequest tax as long-term care insuranceen_US
dc.typeWorking Paperen_US
dc.identifier.ppn720738431en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US
Appears in Collections:CESifo Working Papers, CESifo Group Munich

Files in This Item:
File Description SizeFormat
720738431.pdf236.75 kBAdobe PDF
No. of Downloads: Counter Stats
Show simple item record
Download bibliographical data as: BibTeX

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