When are voluntary pensions indifferent?

Andras Simonovits ()

Economics Letters, 2011, vol. 111, issue 2, 155-157

Abstract: The mandatory pension pillar is usually supplemented by a voluntary one. In our simple model, voluntary pensions partly replace mandatory ones without affecting the outcomes: the voluntary pensions are indifferent. This result may serve as benchmark.

Keywords: Mandatory; pension; Voluntary; pension; Subsidy (search for similar items in EconPapers)
Date: 2011
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Citations: View citations in EconPapers (2)

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