Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/145293
Authors: 
Kucsera, Dénes
Christl, Michael
Year of Publication: 
2016
Abstract: 
This paper studies actuarial neutrality in the Austrian pension system. It is often argued that actuarial neutrality constitutes an incentive for people to retire. We show that there are almost no financial incentives within the Austrian pension corridor, when we use the traditional definition of actuarial neutrality. Taking taxation into account, our results suggest that financial incentives for early retirement stem mainly from the Austrian tax system and not from the pension system itself.
Subjects: 
actuarial neutrality
early retirement
pension system
retirement
JEL: 
J26
H55
Document Type: 
Preprint

Files in This Item:
File
Size
475.74 kB





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