Individual savings accounts for social insurance: rationale and alternative designs
Research output: Contribution to journal › Journal article › Research › peer-review
Documents
- Open access
Final published version, 274 KB, PDF document
Using Danish data, we find that about three-fourths of the taxes levied to finance public transfers actually finance benefits that redistribute income over the life cycle of individual taxpayers rather than redistribute resources across people. This finding and similar results for other countries provide a rationale for financing part of social insurance via mandatory individual savings accounts. We discuss the advantages and disadvantages of mandatory individual savings accounts for social insurance and survey some recent alternative proposals for such accounts
Original language | English |
---|---|
Journal | International Tax and Public Finance |
Volume | 15 |
Issue number | 1 |
Pages (from-to) | 67-86 |
Number of pages | 20 |
ISSN | 0927-5940 |
DOIs | |
Publication status | Published - 2008 |
Number of downloads are based on statistics from Google Scholar and www.ku.dk
No data available
ID: 3863112