Pension Saving Responses to Anticipated Tax Changes: Evidence From Monthly Pension Contribution Records
| aut.publication.place | AUT | en_NZ |
| aut.researcher | Skov, Peer Ebbeson | |
| dc.contributor.author | Skov, P | en_NZ |
| dc.contributor.author | Kreiner, CTK | en_NZ |
| dc.contributor.author | Leth-Petersen, SLP | en_NZ |
| dc.date.accessioned | 2016-10-31T21:03:27Z | |
| dc.date.available | 2016-10-31T21:03:27Z | |
| dc.date.copyright | 2016-10-01 | en_NZ |
| dc.date.issued | 2016-10-01 | en_NZ |
| dc.description.abstract | A Danish tax reform, decided in May 2009 and taking effect from the beginning of 2010, lowered the marginal tax rate on top bracket taxable income from 63% to 56%. Because contributions to pension accounts are tax deductible, the reform provided an incentive to increase pension contributions before the change in taxation. Using high frequency panel data, we document an increase in pension contributions in the second half of 2009 in response to the anticipated change in taxation, and that this led to an increase in total savings. | |
| dc.identifier.citation | Paper provided by Auckland University of Technology. School of Economics in its series School of Economics Working Paper Series with number 2016/06. | |
| dc.identifier.uri | https://hdl.handle.net/10292/10122 | |
| dc.publisher | Auckland University of Technology (AUT) | |
| dc.relation.ispartofseries | School of Economics: Working Paper Series | en_NZ |
| dc.relation.uri | http://www.aut.ac.nz/__data/assets/pdf_file/0010/695260/Economics-WP-2016-06.pdf | en_NZ |
| dc.rights | Auckland University of Technology (AUT) encourages public access to AUT information and supports the legal use of copyright material in accordance with the Copyright Act 1994 (the Act) and the Privacy Act 1993. Unless otherwise stated, copyright material contained on this site may be in the intellectual property of AUT, a member of staff or third parties. Any commercial exploitation of this material is expressly prohibited without the written permission of the owner. | |
| dc.rights.accessrights | OpenAccess | en_NZ |
| dc.subject | Pension savings; Tax incentives; High frequency individual data | |
| dc.title | Pension Saving Responses to Anticipated Tax Changes: Evidence From Monthly Pension Contribution Records | en_NZ |
| pubs.elements-id | 213387 | |
| pubs.organisational-data | /AUT | |
| pubs.organisational-data | /AUT/Faculty of Business, Economics and Law | |
| pubs.organisational-data | /AUT/Faculty of Business, Economics and Law/School of Economics |