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Playing dead pool against the contributions system

Recurso electrónico / Electronic resource
Registro MARC
Tag12Valor
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001  MAP20210032868
003  MAP
005  20211117140606.0
008  211117e20211011gbr|||p |0|||b|eng d
040  ‎$a‎MAP‎$b‎spa‎$d‎MAP
084  ‎$a‎40
1001 ‎$0‎MAPA20210035807‎$a‎Alfano, Vincenzo
24510‎$a‎Playing dead pool against the contributions system‎$c‎Vincenzo Alfano
520  ‎$a‎This paper examines the rationale behind social contribution evasion. The main idea is that evasion of social security contributions implies loss of future benefits, and in a system in which pensions are proportional to contributions, one would expect that, ceteris paribus, a decrease in the alternative measures of saving towards one's pension or an increase in subjective life expectancy would lead workers to contribute more towards their own pensions. By using OLS and Tobit estimators, we test whether contribution evasion is part of an intertemporal portfolio allocation and competes with other forms of wealth-accumulating assets. Empirical results on repeated cross-sectional Italian microdata confirm that contribution evasion decreases as life expectancy increases, and increases when the return on other long-term wealth-accumulating assets increases.
650 4‎$0‎MAPA20080627980‎$a‎Cotización a la Seguridad Social
650 4‎$0‎MAPA20080552114‎$a‎Pensiones
650 4‎$0‎MAPA20080580377‎$a‎Esperanza de vida
651 1‎$0‎MAPA20080637767‎$a‎Italia
7730 ‎$w‎MAP20210010194‎$g‎11/10/2021 Volumen 20 - 2021 , 7 p.‎$t‎The Journal of the economics of ageing ‎$d‎Oxford : Elsevier ScienceDirect, 2021-