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Tax Reform and Retirement Saving Incentives

Take‐up of Stakeholder Pensions in the UK

Dados Bibliográficos

ID9723478
AutoresRichard Disney (0000-0001-6438-6326, Institute for Fiscal Studies), Carl Emmerson (0000-0002-2908-1460, Institute for Fiscal Studies), MATTHEW WAKEFIELD (0000-0002-3645-769X, Institute for Fiscal Studies)
Ano2010
Volume77
Fascículo306
Páginas213-233
Data de publicação2010-04-01
Peer ReviewedSim
Open AccessSim
TipoARTICLE
PeriódicoEconomica (JOURNAL)
Identificadores do periódicoISSN: 0013-0427 • E-ISSN: 1468-0335
EditoraWiley (PUBLISHER • GB)
DOI10.1111/j.1468-0335.2008.00749.x
OpenAlexW2056630674
IdiomaEN
Referências citadas17

In April 2001, the UK government introduced Stakeholder Pensions – a new private pension arrangement. The reform also changed the structure of tax‐relieved pension contribution ceilings, increasing their generosity for lower‐earners. We examine the impact of these changes on private pension coverage using individual level data. We use a difference‐in‐differences strategy with an estimator that is modified to allow for dichotomous outcomes. Contrary to the conventional wisdom that the Stakeholder Pension reforms had little or no impact on saving behaviour, our results indicate that the change to the contribution ceilings affected private pension coverage rates among lower‐earners, especially among women

Business · Economics · Generosity · Government (linguistics) · Incentive · Labour economics · Market economy · Pension · Pension Fund · Political science · Private pension · Public economics · Stakeholder · Finance · Financial Literacy, Pension, Retirement Analysis · Global Health Care Issues · Retirement, Disability, and Employment

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Velocidade de citaçãohistorical
Altamente citadoNão
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