Changes in the taxation of private pensions: Macroeconomic and welfare effects
This paper provides an applied general equilibrium analysis of several alternative taxation regimes applying to private pensions. The analysis focuses on the implications of this and other pension tax regimes for intergenerational equity, national living standards, labour supply, saving and social welfare. The method of analysis is simulation of an open economy overlapping generations CGE model. The model is calibrated to Australia and is used to examine the decision, announced by the Australian Government in its 2006 Budget, to exempt from tax all superannuation (the Australian term for superannuation) benefits received by recipients over 60 years of age.
If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Wendner, Ronald, 2001. "An applied dynamic general equilibrium model of environmental tax reforms and pension policy," Journal of Policy Modeling, Elsevier, vol. 23(1), pages 25-50, January.
- Cerda, Rodrigo A., 2008. "The Chilean pension reform: A model to follow?," Journal of Policy Modeling, Elsevier, vol. 30(3), pages 541-558.
- Freebairn, John, 1998. "Compulsory Superannuation and Labour Market Responses," Australian Economic Papers, Wiley Blackwell, vol. 37(1), pages 58-70, March.
- John Creedy & Ross Guest, 2006.
"Population Ageing And Intertemporal Consumption: Representative Agent Versus Social Planner,"
Department of Economics - Working Papers Series
972, The University of Melbourne.
- Creedy, John & Guest, Ross, 2008. "Population ageing and intertemporal consumption: Representative agent versus social planner," Economic Modelling, Elsevier, vol. 25(3), pages 485-498, May.
- Kingston, G. & Piggott, J., 1993.
"A Ricardian Equivalence Theorem on the Taxation of Pension Funds,"
93-4, New South Wales - School of Economics.
- Kingston, Geoffrey & Piggott, John, 1993. "A Ricardian Equivalence Theorem on the taxation of pension funds," Economics Letters, Elsevier, vol. 42(4), pages 399-403.
- Mariano Kulish & Kathryn Smith & Christopher Kent, 2006.
"Ageing, Retirement and Savings: A General Equilibrium Analysis,"
RBA Research Discussion Papers
rdp2006-06, Reserve Bank of Australia.
- Kulish Mariano & Kent Christopher & Smith Kathryn, 2010. "Aging, Retirement, and Savings: A General Equilibrium Analysis," The B.E. Journal of Macroeconomics, De Gruyter, vol. 10(1), pages 1-32, July.
- Productivity Commission, 2005. "Economic Implications of an Ageing Australia," Labor and Demography 0506001, EconWPA.
- John Creedy & Ross Guest, 2007.
"The Labour Supply and Savings Effects of Superannuation Tax Changes,"
Department of Economics - Working Papers Series
988, The University of Melbourne.
- John Creedy & Ross Guest, 2008. "The Labour Supply And Savings Effects Of Superannuation Tax Changes ," Australian Economic Papers, Wiley Blackwell, vol. 47(1), pages 1-14, 03.
- Atkinson, M E & Creedy, John & Knox, D M, 1996. "Alternative Retirement Income Strategies: A Cohort Analysis of Lifetime Redistribution," The Economic Record, The Economic Society of Australia, vol. 72(217), pages 97-106, June.
When requesting a correction, please mention this item's handle: RePEc:eee:jpolmo:v:30:y:2008:i:5:p:693-712. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Shamier, Wendy)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.