Tax Incentives and Household Investment in Complementary Pension Insurance: Some Recent Evidence From the Italian Experience
AbstractWe show, by a simple difference-in-difference methodology that, contrary to prior research, robustly raising the deductibility limit associated to pension fund holdings in Italy did not succeed in boosting householdsâ contributions to this form of savings. Some other empirical finding also suggest that this policy measure may have not even increased the average amount of first time contributors to such funds. In view of the specific features of the Italian market for complementary insurance (relatively young and less developed), these empirical results might be of interest to policymakers acting in countries with similar features (for instance, some of the more recent EU members).
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Bibliographic InfoArticle provided by American Risk and Insurance Association in its journal Risk Management and Insurance Review.
Volume (Year): 14 (2011)
Issue (Month): 2 (09)
Contact details of provider:
Web page: http://www.blackwellpublishing.com/journal.asp?ref=1098-1616
Other versions of this item:
- Marino, Immacolata & Pericoli, Filippo & Ventura, Luigi, 2010. "Tax incentives and household investment in complementary pension insurance: some recent evidence from the Italian experience," MPRA Paper 36554, University Library of Munich, Germany.
- H31 - Public Economics - - Fiscal Policies and Behavior of Economic Agents - - - Household
- D12 - Microeconomics - - Household Behavior - - - Consumer Economics: Empirical Analysis
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