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Erscheinungsjahr: 
2012
Schriftenreihe/Nr.: 
ifo Working Paper No. 125
Verlag: 
ifo Institute - Leibniz Institute for Economic Research at the University of Munich, Munich
Zusammenfassung: 
Former theoretical and empirical studies find that precautionary savings are reduced inthe presence of social security systems. The saving motive, however, does not change:individuals respond to increasing income risk by increasing their savings. Although thisstill holds for common tax and transfer systems, we show that this is not a feature of alltax and transfers systems. In contrast to former studies, we focus on the impact of thevariability of future income (higher degree risk).
Schlagwörter: 
Income risk
saving behavior
social security
unemployment benefit
taxation
JEL: 
D11
D31
D91
H24
H31
Dokumentart: 
Working Paper

Datei(en):
Datei
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