- Additional Authors
- Description
- 71 p.; 21 x 29.7cm.
- Summary
- This paper provides estimates of the implicit fiscal assets as well as of the evolution over time of fiscal costs and revenues related to tax-favoured retirement saving regimes in 17 OECD countries, taking into account current and future contributions, asset accumulation and withdrawals, all of which will be strongly influenced by future demographic developments. The main results show that in the case where tax incentives are assumed to lead essentially to saving diversion rather than creation, the net budgetary cost of tax-favoured schemes would remain large, despite the sharp rise in revenues collected from withdrawals as population ages. The paper shows that this cost would significantly be reduced if tax-favoured schemes succeed in promoting additional private savings. It then explores a number of policy options to maximize the amount of additional saving ...
- Series Statement
- OECD Economics Department Working Papers, 1815-1973 ; no.393
- Uniform Title
- OECD Economics Department Working Papers, no.393.
- Subject
- Economics
- LCCN
- 10.1787/138080145732
- OCLC
- oecd-lib-001983
- Author
Antolín, Pablo.
- Title
Long-Term Budgetary Implications of Tax-Favoured Retirement Plans [electronic resource] / Pablo Antolín, Alain de Serres and Christine de la Maisonneuve
- Imprint
Paris : OECD Publishing, 2004.
- Series
OECD Economics Department Working Papers, 1815-1973 ; no.393
OECD Economics Department Working Papers, 1815-1973 ; no.393.
- Connect to:
- Indexed Term
Economics
- Added Author
de Serres, Alain.
de la Maisonneuve, Christine.
- Other Standard Identifier
10.1787/138080145732 doi