overlapping generations model

Publication date: 30 Sep 2015 | Publication type: NIESR Discussion Paper | Theme: Macroeconomics | Authors: Armstrong, A, Ebell, M, Davis, P | JEL classification: E21, H24, J32 | NIESR discussion paper number: 455
The Government has recently issued a consultation document  which raises the possibility of a substantial change in the taxation of pensions.[1]  In this paper we assess the economic consequences of changing from the existing EET system (where pension savings and returns are exempt from income tax...