Taxation and household saving: reflections on the OECD report
At the beginning of the 1990s, there was a wave of interest in the connections between taxation and saving, culminating in a series of reports and reviews in 1994. So, for example, UK tax policy towards saving and investment has been reviewed in the context of the Industrial Finance Initiative; Finance Ministers had an extensive discussion at the IMF meeting in Madrid; under the German presidency of the EU, work has continued on a possible common basis for taxing savings, as initiated by Belgium last year; the IFS Capital Taxes Group concluded its deliberations with Proposals for the Taxation of Savings and Profits; and in the August issue of Fiscal Studies, Boadway and Wildasin surveyed much of the literature from the 1980s. Then in November the OECD published an extensive survey on Taxation and Household Saving in each of its 24 Member countries in 1993, together with an analysis of what lessons might be learned for good design of tax policy from the literature and country experiences. This article summarises the report and considers what might be deduced from its conclusions.
Volume (Year): 16 (1995)
Issue (Month): 1 (February)
|Contact details of provider:|| Postal: The Institute for Fiscal Studies 7 Ridgmount Street LONDON WC1E 7AE|
Phone: (+44) 020 7291 4800
Fax: (+44) 020 7323 4780
Web page: http://www.ifs.org.uk
More information through EDIRC
|Order Information:|| Postal: The Institute for Fiscal Studies 7 Ridgmount Street LONDON WC1E 7AE|
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.:
- Robin Boadway & David Wildasin, 1994. "Taxation and savings: a survey," Fiscal Studies, Institute for Fiscal Studies, vol. 15(3), pages 19-63, August.
- repec:nbr:nberbk:bodi83-1 is not listed on IDEAS
- Louis-David L. Dicks-Mireaux & Mervyn A. King, 1983. "Portfolio Composition and Pension Wealth: An Econometric Study," NBER Chapters, in: Financial Aspects of the United States Pension System, pages 399-440 National Bureau of Economic Research, Inc.
- Feldstein, Martin S, 1976. "Personal Taxation and Portfolio Composition: An Econometric Analysis," Econometrica, Econometric Society, vol. 44(4), pages 631-50, July.
- Andrea L. Kusko & James M. Poterba & David W. Wilcox, 1994. "Employee Decisions with Respect to 401(k) Plans: Evidence From Individual-Level Data," NBER Working Papers 4635, National Bureau of Economic Research, Inc.
- Hall, Robert E, 1988.
"Intertemporal Substitution in Consumption,"
Journal of Political Economy,
University of Chicago Press, vol. 96(2), pages 339-57, April.
- Gylfason, T., 1993.
"Optimal Saving, Interest Rates and Endogenous Growth,"
539, Stockholm - International Economic Studies.
- Gylfason, Thorvaldur, 1993. " Optimal Saving, Interest Rates, and Endogenous Growth," Scandinavian Journal of Economics, Wiley Blackwell, vol. 95(4), pages 517-33, December.
- Agell, Jonas & Edin, Per-Anders, 1990. " Marginal Taxes and the Asset Portfolios of Swedish Households," Scandinavian Journal of Economics, Wiley Blackwell, vol. 92(1), pages 47-64.
When requesting a correction, please mention this item's handle: RePEc:ifs:fistud:v:16:y:1995:i:1:p:38-57. 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: (Emma Hyman)
If references are entirely missing, you can add them using this form.