Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/108277
Authors: 
Simonovits, András
Year of Publication: 
2012
Series/Report no.: 
IEHAS Discussion Papers MT-DP - 2012/21
Abstract: 
Pension systems fight myopia and reduce old-age poverty. Our simple model introduces heterogeneous wages, flexible labor supply, progressive personal income tax and pension credit. The socially optimal transfer system is close to the means-tested one proposed by Feldstein (1987).
Subjects: 
myopia
flat-plus pension
means-tested pension
pension credit
JEL: 
H55
D91
ISBN: 
978-615-5243-20-2
Document Type: 
Working Paper

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