IDEAS home Printed from https://ideas.repec.org/p/osk/wpaper/0908.html
   My bibliography  Save this paper

A Reexamination of Basic Pension Reform Financed by a Consumption Tax: An Analysis Using the Right-to-Manage Model

Author

Listed:
  • Ryouichi Ikeda

    () (Graduate School of Economics, Osaka University)

Abstract

This paper examines pension premiums and a consumption tax as ways to finance basic pensions. The union wage model suggests that labor wage taxation increases the rate of unemployment. Using the right-to-manage model, it becomes clear that an increase in premiums for labor wages actually leads to increased unemployment rates. Furthermore, I argue that by decreasing premiums and introducing consumption tax for basic pension, the rate of unemployment will decrease. However, the study revealed that this basic pension reform would decrease benefits to individuals because of the additional charges.

Suggested Citation

  • Ryouichi Ikeda, 2009. "A Reexamination of Basic Pension Reform Financed by a Consumption Tax: An Analysis Using the Right-to-Manage Model," Discussion Papers in Economics and Business 09-08, Osaka University, Graduate School of Economics and Osaka School of International Public Policy (OSIPP).
  • Handle: RePEc:osk:wpaper:0908
    as

    Download full text from publisher

    File URL: http://www2.econ.osaka-u.ac.jp/library/global/dp/0908.pdf
    Download Restriction: no

    More about this item

    Keywords

    Pension; Unemployment; Union; Right-to-manage model;

    JEL classification:

    • H55 - Public Economics - - National Government Expenditures and Related Policies - - - Social Security and Public Pensions
    • J64 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Unemployment: Models, Duration, Incidence, and Job Search
    • J51 - Labor and Demographic Economics - - Labor-Management Relations, Trade Unions, and Collective Bargaining - - - Trade Unions: Objectives, Structure, and Effects

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:osk:wpaper:0908. 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: (Atsuko SUZUKI). General contact details of provider: http://edirc.repec.org/data/feosujp.html .

    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.

    We have no references for this item. You can help adding them by using 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 RePEc Author Service 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.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.